NTPC Green Energy, the renewable energy arm of the state-owned National Thermal Power Corporation (NTPC), is gearing up to launch its highly anticipated initial public offering (IPO) worth Rs 10,000 crore.

NTPC Green Energy has urged the market regulator, the Securities and Exchange Board of India (Sebi), to expedite the approval for its Rs 10,000-crore initial public offering (IPO), said people in the know.

NTPC's performance in the last two years has largely been driven by its growing renewable energy (RE) business, which is expected to go public in the first half of FY2025.

The domestic brokerage values the RE business at Rs 88,000 crore but believes the upside for NTPC could largely be priced in. It believes the holding company discount after the NTPC Green Energy listing is hard to predict and investors may prefer investing in NTPC Green Energy over NTPC for RE exposure.

NTPC Green Energy, the renewable arm of NTPC, is set to launch its initial public offering (IPO) in the first week of November 2024. The company is organizing roadshows across various locations, including Mumbai, London, the US, Singapore, and other regions to attract potential investors.

India's NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables expansion plans and a red-hot equities market.

NTPC Green Energy, the renewable energy arm of India’s National Thermal Power Corporation (NTPC), has filed for an initial public offering (IPO) with the Securities and Exchange Board of India to raise $1.

NTPC Green Energy Files For IPO Aims Fresh Issue Worth Upto ₹10,000 Crore | Fund Allocation? |ET Now#ntpc #ntpcgreen #ntpcgreenenergy #ipo #ipolisting #etnow #businessnews #topnews

NTPC Green Energy, the renewable energy arm of NTPC, on Wednesday filed preliminary papers with capital markets regulator Sebi to raise Rs 10,000 crore through an initial public offering ( IPO ). The initial share-sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component,