NTPC Green Energy Limited IPO Review
Neutral108-108 · Mainboard
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Analyst Verdict
NTPC Green Energy Limited IPO
Neutral
IPO at a Glance
Price Band
108-108
Issue Size
10000cr
Min. Investment
₹14,904
Opens
2024-11-17
Closes
2024-11-20
Listing
2024-11-25
Category
Mainboard
Key Strengths
✓Amongst the Top 10 renewable energy players in India by capacity.
✓Promoted by NTPC with strong project and financial backing.
✓Diversified 14,696 MW solar and wind portfolio in India.
✓Growing revenue, strong credit ratings, low capital costs.
✓Largest renewable public sector enterprise (excluding hydro) in India.
Key Risks
⚠Project construction delays or cost overruns impact performance.
⚠Heavy operational concentration risk in Rajasthan state.
⚠Delayed or non-collection of receivables impacts finances.
⚠High capital expenditure needs may require additional financing.
⚠Revenue concentration from the top five off-takers is significant.
Frequently Asked Questions
Should I apply for NTPC Green Energy Limited IPO?
Based on our analysis, our rating for NTPC Green Energy Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of NTPC Green Energy Limited IPO?
Project construction delays or cost overruns impact performance. Heavy operational concentration risk in Rajasthan state. Delayed or non-collection of receivables impacts finances.
What are the strengths of NTPC Green Energy Limited IPO?
Amongst the Top 10 renewable energy players in India by capacity. Promoted by NTPC with strong project and financial backing. Diversified 14,696 MW solar and wind portfolio in India.
What is the price band of NTPC Green Energy Limited IPO?
The price band for NTPC Green Energy Limited IPO is 108-108. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more