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  • Linc Ltd Declares 1:1 Bonus Issue and Stock Split

    Linc Ltd Declares 1:1 Bonus Issue and Stock Split

    Linc Ltd., a prominent player in India’s stationery market, has announced its first-ever bonus issue and stock split. This significant milestone reflects the company’s commitment to rewarding shareholders and enhancing stock liquidity while underscoring its dedication to shareholder value.

    Record Date for Bonus and Stock Split

    The company has set December 20, 2024, as the record date. Shareholders must ensure their shares are held in their demat accounts by December 19, 2024, to qualify for the bonus shares and stock split benefits.

    Bonus Issue Details

    Linc Ltd. will issue a 1:1 bonus, granting one additional share for every share held by existing shareholders. While the record date is set for December 20, 2024, the company has not yet announced when the bonus shares will be credited.

    Stock Split Details

    The stock split will divide one equity share with a face value of ₹10 into two shares with a face value of ₹5 each. By reducing the price per share, Linc aims to make its stock more affordable and attract a wider investor base.

    Significance of the Announcement

    This dual corporate action demonstrates Linc’s confidence in its growth prospects. By doubling the number of outstanding shares, the company enhances stock liquidity while maintaining overall shareholder equity. These actions are expected to boost trading activity and improve market accessibility.

    About Linc Ltd.

    Linc Ltd., formerly known as Linc Pen & Plastics Ltd., and a competitor of DOMS and FLAIR, is one of India’s leading manufacturers of writing instruments, with operations in over 50 countries. Its diverse product portfolio includes ball pens, gel pens, pencils, and other stationery items.

    Linc also serves as the exclusive distributor in India for Deli, Asia’s largest stationery brand, and Uni-ball, a renowned Japanese brand by Mitsubishi Pencil Co. Through its commitment to quality and innovation, Linc has solidified its position as a global leader in the stationery industry.

    Financial Performance of Link Ltd.

    Q2, FY25 Results:

    • Total Income: ₹13,728 crore (+3.1% YoY)
    • EBITDA: ₹1,630 crore (+12.2% YoY)
    • EBITDA Margin: 11.9% (+97 basis points YoY)
    • Profit After Tax (PAT): ₹879 crore (+14% YoY)

    Linc’s robust financial performance highlights its operational efficiency and resilience in the market, driven by consistent innovation and diversification.

    With this landmark bonus issue and stock split, Linc Ltd. reinforces its growth trajectory and strengthens its commitment to shareholder value and long-term market expansion.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Mazagon Dock Shipbuilders Ltd Announces 1:2 Stock Split

    Mazagon Dock Shipbuilders Ltd Announces 1:2 Stock Split

    Mazagon Dock Shipbuilders Ltd (MDL), India’s leading defence shipyard, has announced its first stock split in a 1:2 ratio. Each equity share with a face value of ₹10 will now be split into two shares with a face value of ₹5 each. The record date for determining eligible shareholders is December 27, 2024.

    This move aims to make the shares more affordable and improve market liquidity. The decision follows the company’s stock reaching a high of ₹5,860 in July 2024 before a market correction.

    About Mazagon Dock Shipbuilders Ltd

    Mazagon Dock Shipbuilders Ltd, established in 1774, is India’s largest manufacturer of warships. The company builds warships, submarines, and offshore platforms for the Indian Navy and other defence organizations. In June 2024, it earned the prestigious Navratna status, cementing its importance as a globally recognized public-sector enterprise.

    Since 1960, MDL has delivered over 800 vessels, including advanced combat ships and cargo vessels. Its strong industry presence and strategic partnerships make it a critical player in India’s defence infrastructure.

    Key Financial Highlights:

    Q2FY25 (Year-over-Year Growth):

    • Net Sales: ₹2,756.8 crore (+51%)
    • Net Profit: ₹552.8 crore (+82%)

    H1FY25 (Cumulative Results):

    • Net Sales: ₹5,113.9 crore (+28%)
    • Net Profit: ₹1,218.7 crore (+106%)

    FY24 (Annual Results):

    • Net Sales: ₹10,568.05 crore (+24%)
    • Net Profit: ₹1,936.97 crore (+73%)

    The company’s revenue for FY24 rose by 24% to ₹10,568.05 crore, while net profit surged by 73% to ₹1,936.97 crore. MDL operates with a debt-free balance sheet and an order book worth ₹39,872 crore as of September 2024, ensuring strong revenue potential in the future.

    Ownership and Market Outlook

    As of September 2024, the Government of India owns 84.83% of the company, well above the minimum public shareholding requirement of 75%. The stock has delivered impressive returns, rising 130% in the past year and an extraordinary 1,600% over three years.

    MDL’s zero-debt status, strong order book, and the stock split aim to attract more investors and broaden shareholder participation. With these strengths, the company continues to be a promising player in India’s growing defence sector.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Maruti Suzuki Backed Bharat Seats Ltd Announces 1:1 Bonus Share Issue

    Maruti Suzuki Backed Bharat Seats Ltd Announces 1:1 Bonus Share Issue

    Bharat Seats Ltd, a leading automotive seating systems manufacturer, has announced a 1:1 bonus share issue. This means shareholders will receive one additional share for every share they own. The record date for this bonus issue is decided to be 20th December after receiving shareholder and regulatory approvals.

    Bonus Issue Details

    On November 5, 2024, the Board of Directors approved the bonus share issue, marking Bharat Seats’ first bonus issue in 17 years—the last one was in 2007. This move shows the company’s commitment to rewarding investors and improving stock liquidity.

    About Bharat Seats Ltd

    Bharat Seats Ltd is a joint venture between Maruti Suzuki India Ltd, Suzuki Motor Corporation Japan, and Rohit Relan & Associates. The company produces seating systems and interior components for two-wheelers, four-wheelers, and Indian Railways.

    Key Products Include:

    • Seating Systems
    • NVH (Noise, Vibration, and Harshness) Components
    • Carpets and Body Sealing Parts

    Bharat Seats is certified with IATF 16949, ISO 14001, and OHSAS 18001, reflecting its focus on quality and environmental sustainability.

    Financial Highlights

    Bharat Seats has reported strong financial results, reflecting its solid operations:

    Q2FY25 (Year-over-Year Comparison):

    • Revenue: ₹290.67 crore (up from ₹285.98 crore)
    • Operating Profit: ₹17.66 crore (margin: 6.08%)
    • Net Profit: ₹7.10 crore (up from ₹6.79 crore)

    FY24 (Annual Performance):

    • Revenue: ₹1,067 crore
    • Operating Profit: ₹61 crore
    • Net Profit: ₹25 crore (up from ₹22 crore in FY23)

    Professional Management and Strategic Significance

    Promoters play a key role in the company’s stability and strategy. Bharat Seats’ promoters include Maruti Suzuki India Ltd, Suzuki Motor Corporation Japan, and NDR Auto Components.

    As of September 2024:

    • Maruti Suzuki and Suzuki Motor Corporation each hold a 14.81% stake.
    • NDR Auto Components owns 28.66%.

    These partnerships bring technological expertise, financial strength, and operational synergies, boosting Bharat Seats’ competitive edge.

    Bharat Seats’ decision to issue bonus shares underscores its commitment to enhancing shareholder value. With strategic partnerships, innovative products, and strong financial performance, the company is well-positioned for future growth in the automotive and rail transport sectors.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • Rajeshwari Cans Announces 1:1 Bonus Issue to Reward Shareholders

    Rajeshwari Cans Announces 1:1 Bonus Issue to Reward Shareholders

    Rajeshwari Cans Ltd, a leading maker of printed circular tobacco packaging containers, has announced a 1:1 bonus issue. This means shareholders will get one fully paid equity share for every share they own. The company has set December 19, 2024, as the record date to identify eligible shareholders for this action.

    Bonus Issue Details

    In a regulatory filing under SEBI (LODR) Regulations, 2015, the company stated that its Board of Directors approved the bonus issue on October 30, 2024. To fund the new shares, the company will use ₹5.24 crore from its retained earnings and securities premium. Each equity share will have a face value of ₹10.

    The company has also asked shareholders to approve increasing its authorized share capital from ₹10.5 crore to ₹11 crore, reflecting its growth plans.

    About Rajeshwari Cans

    Founded in 2018, Rajeshwari Cans Ltd specializes in making printed tin containers and MS drums. These are mainly used for packaging tobacco, snuff, and other products. The company’s product line includes containers ranging from 50 grams/milliliters to 5 kilograms/liters. It also produces MS drums with capacities between 5 and 30 kilograms to meet diverse packaging needs.

    As of September 2024, the company’s promoters held a 61.57% stake, while the general public owned 38.43%.

    Financial Performance

    Rajeshwari Cans has delivered strong financial results in recent years:

    Half-Yearly FY25 Results (H1FY25 vs H1FY24):

    • Net Sales: ₹19.65 crore (up 27.3%)
    • Net Profit: ₹1.06 crore (up 63%)

    Annual FY24 Results (FY24 vs FY23):

    • Net Sales: ₹34.58 crore (up 6%)
    • Net Profit: ₹1.33 crore (up 25.5%)

    By issuing bonus shares, Rajeshwari Cans shows its commitment to rewarding shareholders and improving stock liquidity. With its strong financial growth and a solid position in the packaging industry, the company is set for future expansion.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • PC Jeweller Announces Stock Split to Make Shares More Affordable for Investors

    PC Jeweller Announces Stock Split to Make Shares More Affordable for Investors

    PC Jeweller Ltd, a prominent name in India’s jewellery market, is planning a 1:10 stock split to improve liquidity and make its shares more affordable for retail investors. The record date for this split is Monday, December 16, 2024, after shareholders approved it via postal ballot on November 21, 2024.

    What the Stock Split Means

    The company will divide each ₹10 equity share into ten shares, each with a face value of ₹1. This move will increase the total number of shares available, encouraging more trading and making the shares accessible to smaller investors.

    In an official statement, PC Jeweller confirmed that the board finalized the record date on November 28, 2024. The company disclosed this decision in an exchange filing.

    About PC Jeweller Ltd

    PC Jeweller, known for offering gold, platinum, diamond, and silver jewellery, operates brands like Azva, Swarn Dharohar, and LoveGold. With a market capitalization exceeding ₹7,900 crore, the company has maintained strong performance in the market.

    Financial Highlights

    PC Jeweller’s recent financial performance shows significant improvement:

    • Quarterly Results (Q2FY25): Net sales rose 12.4% to ₹504.97 crore compared to Q2FY24, while net profit hit ₹178.88 crore, a turnaround from a net loss of ₹138.13 crore in Q2FY24.
    • Half-Yearly Results (H1FY25): Net sales jumped 75.3% to ₹906.12 crore, and net profit reached ₹334.94 crore, a sharp recovery from a net loss of ₹309.75 crore in H1FY24.

    These results demonstrate the company’s strong recovery and growth momentum.

    Share Allotment Update

    In a separate development, PC Jeweller recently issued 39,87,900 equity shares to promoters and non-promoters after converting fully convertible warrants. This move brought in ₹16.8 crore and increased the company’s paid-up equity share capital to ₹540.08 crore.

    Investor Perspective

    Life Insurance Corporation of India (LIC) holds a 1.26% stake in PC Jeweller, highlighting institutional trust in the company. The upcoming stock split will likely attract more retail investors, allowing them to participate in the company’s growth.

    PC Jeweller’s decision to split its stock showcases its dedication to increasing shareholder value and making the market more accessible to smaller investors.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.

  • Shish Industries Announces Stock Split to Attract More Investors

    Shish Industries Announces Stock Split to Attract More Investors

    Shish Industries Ltd., a leader in innovative plastic products, has announced a 1:10 stock split to make its shares more affordable for investors. The company will split each ₹10 equity share into ten shares with a face value of ₹1. This move aims to boost market liquidity and attract smaller investors. The record date for the stock split is Tuesday, December 17, 2024.

    Why the Stock Split?

    Shish Industries explained that the stock split is part of its plan to improve affordability for retail investors and increase trading volumes. The company’s Board of Directors approved this decision, showing their commitment to enhancing shareholder value and creating a more inclusive market.

    About Shish Industries

    Established in 2012, Shish Industries is a major manufacturer and exporter in the plastic products industry. The company provides innovative solutions for various sectors, including protective packaging, thermal insulation, and woven fabrics.

    Shish Industries pioneered the production of 5-ply Polypropylene Corrugated Sheets and introduced insulated water tank covers in India. Its diverse product portfolio includes:

    • Plastic corrugated sheets
    • FIBC (Flexible Intermediate Bulk Container) bags
    • Tarpaulins
    • PP/PE woven fabrics
    • Shipping and industrial packaging materials

    Recognized as a Star Export House, the company has a solid reputation for quality and a strong global presence.

    Financial Highlights

    Shish Industries has maintained steady financial growth:

    • In October 2024, the company’s promoters raised their stake from 64.47% to 66.03%, signaling confidence in its future.
    • The company reported a market capitalization of approximately ₹397 crore.
    • A ₹312 crore trade agreement with Best Construction Products Inc. (BCP), a US-based construction materials firm, further strengthened its net sales.

    Key Achievements

    Earlier this year, Shish Industries signed a long-term agreement with BCP. This partnership cements its position as a reliable supplier of construction, packaging, and thermal insulation products in global markets.

    The 1:10 stock split reflects Shish Industries’ focus on growing its investor base and improving shareholder value. With strong financial performance and innovative products, the company is poised for continued success in domestic and international markets.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.

  • Exxaro Tiles Announces 10:1 Stock Split to Enhance Liquidity and Accessibility

    Exxaro Tiles Announces 10:1 Stock Split to Enhance Liquidity and Accessibility

    Exxaro Tiles Ltd, a prominent player in the refractory ceramic industry, has announced its first-ever stock split to enhance share liquidity and attract more small investors. This move, approved by the company’s Board of Directors on October 14, 2024, marks a strategic effort to make its shares more accessible and appealing in the market.

    Stock Split Details

    The company plans to subdivide its existing equity shares from a face value of ₹10 to ₹1 each. The split is subject to shareholder approval, with the record date set for Friday, December 13, 2024. Upon completion, the increased number of shares in circulation is expected to boost trading activity and improve liquidity.

    BofA Securities Europe SA recently acquired 6,66,366 shares of Exxaro Tiles at ₹96.22 per share, amounting to ₹6.41 crore. This purchase represents 1.48% of the company’s outstanding equity, signaling strong institutional interest in the company’s future.

    About Exxaro Tiles Ltd

    Founded in 2008, Exxaro Tiles Ltd is known for manufacturing and marketing a wide array of high-quality vitrified tiles. Its product portfolio includes double-charge vitrified tiles, glazed vitrified tiles, full-body vitrified tiles, wall tiles, and parking tiles. The company’s tiles are widely used in large-scale projects such as educational institutions, hotels, retail malls, and hospitals.

    The company prides itself on innovation, incorporating advanced features such as 3D effects, FGVT technology, high gloss finishes, and full-color body vitrified tiles. With a strong clientele, including industry giants like Lodha, Amul, and Shapoorji Pallonji, Exxaro Tiles has established itself as a trusted name in the industry.

    Financial Performance

    Despite its growth potential, Exxaro Tiles faces financial challenges:

    • In Q1FY25, the company reported total income of ₹60.04 crore but incurred a net loss of ₹4.27 crore.
    • As of March 2024, the company’s total debt stood at ₹97.45 crore, highlighting a need for financial improvement.

    However, with a market cap of over ₹400 crore and a strategic focus on enhancing shareholder value through the stock split, Exxaro Tiles is looking to turn things around.

  • Achyut Healthcare Announces Stock Split and Bonus Issue

    Achyut Healthcare Announces Stock Split and Bonus Issue

    Achyut Healthcare Ltd, a rising SME stock, has announced a stock split and bonus issue for shareholders. These corporate actions aim to improve liquidity and enhance shareholder value. The healthcare stock, which has delivered multibagger returns of over 300% in recent years, continues to attract investor attention. Below, we break down the details of the stock split, bonus issue, and the company’s recent financial performance.

    Stock Split and Bonus Issue Details

    Achyut Healthcare’s Board of Directors has approved two major proposals:

    1. Stock Split:
      • Each equity share with a face value of ₹10 will be subdivided into ten equity shares with a face value of ₹1.
      • The subdivision will increase the number of shares in circulation, enhancing liquidity.
    2. Bonus Issue:
      • The company will issue four bonus shares for every ten shares held (4:10 ratio) after the stock split.
      • Both the stock split and bonus issue have the same record date: Tuesday, December 10, 2024.

    These measures aim to make the stock more affordable and accessible to investors while increasing shareholder value.

    About Achyut Healthcare

    Founded in 1996, Achyut Healthcare Ltd is a pharmaceutical trading company specializing in APIs, pharmaceutical products, and medical devices. The company also manufactures pharmaceutical formulations, including tablets, capsules, oral liquids, and injectables. As of June 2024, Achyut Healthcare is debt-free, with a market capitalization of ₹128.29 crore.

    Financial Performance

    The company’s financials reflect strong growth and profitability:

    • Q2FY25 vs. Q2FY24:
      • Net sales increased by 44% to ₹2.13 crore.
      • Net profit rose by 35% to ₹1.48 crore.
    • Annual Results (FY24):
      • Net sales reached ₹6.14 crore.
      • Net profit stood at ₹0.66 crore, highlighting consistent annual growth.
  • Global Education Ltd Announces Stock Split

    Global Education Ltd Announces Stock Split

    Global Education Ltd (GEL), a prominent educational service provider, has announced a stock split, dividing its equity shares from a face value of ₹5 to ₹2 each. The split aims to increase share liquidity and make the stock more accessible. Below, we outline the stock split details, provide an overview of Global Education Ltd, and examine its financial performance.

    Stock Split Details

    The stock split will create two new shares for every existing share. Although the authorized share capital remains at ₹12 crore, it will now comprise:

    • 5,97,50,000 equity shares of ₹2 each
    • 5,00,000 redeemable preference shares of ₹1 each

    The record date for the stock split is Tuesday, December 10, 2024. Shareholders on this date will be eligible for the split.

    About Global Education Ltd

    Established in 2011, GEL offers a comprehensive range of services to educational institutions, corporations, and banks. These include:

    • Business consulting and skill development programs
    • Admission assistance and online examinations
    • Infrastructural support, marketing, and branding

    GEL also provides computer hardware and educational materials to institutions. Its clientele includes major firms like Capgemini, HCL, and Wipro, reinforcing its reputation as a trusted partner in the education sector.

    Financial Performance

    GEL’s financial results reflect strong growth:

    • Q2FY25 vs. Q1FY25:
      • Total income increased by 68.6% to ₹25.66 crore.
      • Net profit rose by 50.9% to ₹10.65 crore.
    • H1FY25 vs. H1FY24:
      • Total income grew by 6.5% to ₹40.88 crore.
      • Net profit declined by 8.8% to ₹17.75 crore.

    GEL is debt-free with a 35.5% CAGR in profit growth over the last five years. The company maintains a healthy dividend payout of 28%, reflecting strong shareholder returns.

    Strengths and Market Position

    GEL has a market capitalization of ₹401.06 crore and has show operational efficiency in core business: 

    • Return on Equity (ROE): 40%
    • Return on Capital Employed (ROCE): 55%
    • Stock Performance: The stock has delivered 1,430% returns over the past five years, cementing its status as a multibagger.
  • NTPC Green Energy IPO Details, Open Date, Price, Lot Size & More

    NTPC Green Energy IPO Details, Open Date, Price, Lot Size & More

    NTPC Green Energy plans to raise ₹10,000 crore through a fresh issue of 92.59 crore shares.

    The IPO will open on Tuesday, November 19, and close on Friday, November 22. The company will finalize allotments on November 25, and it will credit the shares on November 26. NTPC Green Energy will get listed on Wednesday, November 27, 2024.

    The price band for the IPO ranges between ₹102 and ₹108 per share, with a minimum lot size of 138 shares.

    NTPC Green Energy Limited IPO Details

    IPO Date November 19, 2024 to November 22, 2024
    Listing Date November 27, 2024
    Face Value ₹10 per share
    Price Band ₹102 to ₹108 per share
    Lot Size 138 Shares
    Total Issue Size 925,925,926 shares
    Fresh Issue 925,925,926 shares
    Employee Discount Rs 5 per share
    Issue Type Book Built Issue IPO
    Listing At NSE, BSE
    Share holding pre issue 7,500,000,000
    Share holding post issue 8,425,925,926

    NTPC Green Energy IPO Timeline

    IPO Open Date Tuesday, November 19, 2024
    IPO Close Date Friday, November 22, 2024
    Basis of Allotment Monday, November 25, 2024
    Initiation of Refunds Tuesday, November 26, 2024
    Credit of Shares to Demat Tuesday, November 26, 2024
    Listing Date November 27, 2024
    Cut-off time for UPI mandate confirmation 5 PM on November 22, 2024

    NTPC Green Energy IPO Reservation

    Investor Category Shares Offered
    QIB Shares Offered Not less than 75% of the Net Issue
    Retail Shares Offered Not more than 10.00% of Net Issue
    NII (HNI) Shares Offered Not more than 15.00% of the Net Issue

    NTPC Green Energy IPO Lot Size

    Application Lots Shares Amount
    Retail (Min) 1 138 ₹14,904
    Retail (Max) 13 1794 ₹193,752
    S-HNI (Min) 14 1,932 ₹208,656
    S-HNI (Max) 67 9,246 ₹998,568
    B-HNI (Min) 68 9,384 ₹1,013,472

    About NTPC Green Energy Limited

    NTPC Green Energy Ltd, a subsidiary of NTPC Ltd (a Maharatna Central Public Sector Enterprise), plays a prominent role in India’s renewable energy sector, focusing on solar and wind energy. The company is launching its initial public offering (IPO). This overview provides details about the IPO, the company’s profile, its core strengths, and the potential risks involved.

    As part of NTPC’s renewable energy division, NTPC Green Energy works to advance India’s sustainable energy goals. The company specializes in solar and wind power projects and actively participates in long-term Power Purchase Agreements (PPAs) to supply power primarily to other public sector undertakings (PSUs) and private corporations.

    As of June 30, 2024, the company manages a portfolio of 14,696 MW in renewable projects, including 3,071 MW of operational solar capacity and 100 MW of wind capacity. The remaining 11,771 MW includes awarded or contracted projects that are not yet operational, highlighting significant growth potential.

    NTPC Green Energy Limited Financial Information

    Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023
    Assets 32,408.30 27,206.42 18,431.40
    Revenue 1,132.74 2,037.66 170.63
    Profit After Tax 175.30 344.72 171.23
    Net Worth 8,189.18 6,232.14 –
    Reserves and Surplus 596.08 512.60 167.88
    Total Borrowing 17,057.50 12,796.74 –

    Key Performance Indicator

    KPI Values
    ROE 7.39%
    Debt/Equity 1.91
    RoNW 2.14%
    P/BV 9.89
    PAT Margin (%) 16.2

    NTPC Green Energy IPO Peer Comparison

    Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial Statements
    NTPC Green Energy Limited 0.73 0.73 10.90 – 5.53 9.91 Consolidated
    Adani Green Energy Ltd 6.21 6.20 62.08 259.83 12.81 28.82 Consolidated
    Renew Energy Global PLC 9.94 9.92 290.15 47.05 3.94 1.61 Consolidated

    Strengths of the Company

    1. NTPC Green Energy ranks among the top 10 renewable energy companies in India in terms of operational capacity as of mid-2024, providing a solid foundation and experience in project execution.

    2. Support from NTPC, a well-established player in India’s energy sector, offers NTPC Green Energy an advantage in executing large-scale projects. 

    3. With a portfolio of 14,696 MW in solar and wind projects across six states, the company minimizes geographical risk and expands its reach. 

    4. The company’s strong credit rating and growth in revenues allow it access to capital at lower costs, which enhances its financial flexibility. 

    5. NTPC Green Energy’s operating model includes robust revenue generation and a high EBITDA margin, underscoring its efficient project management and resource allocation.

    Risks Related to the Company

    1. Like many in the renewable energy sector, NTPC Green Energy faces potential cost overruns or delays in project completion, which could impact business results, financial health and cash flow stability.

    2. A significant portion of the company’s renewable energy operations is concentrated in Rajasthan. Any adverse economic, political, or natural disruptions in this region could negatively affect the business.

    3. NTPC Green Energy’s reliance on utility off-takers for revenue makes it vulnerable to delays or non-payment issues. 

    4. Renewable energy projects are capital-intensive and NTPC Green Energy may require additional financing to meet its expansion goals. 

    5. The company depends heavily on a limited pool of off-takers, with over 87% of revenue derived from the top five clients in FY 2024. 

    Investor Outlook

    NTPC Green Energy’s IPO presents a promising opportunity to invest in India’s renewable energy sector, backed by NTPC’s strong reputation and resource base. With an extensive portfolio, operational efficiency and solid financial performance, the company is well-positioned for future growth.

    However, potential investors should be mindful of the associated risks, including project completion timelines, geographic concentration and receivables management. Careful evaluation of these factors is essential for making an informed decision before applying for the IPO.

    Frequently Asked Questions

    The NTPC Green Energy IPO is a main-board IPO offering 925,925,926 equity shares. Each share has a face value of ₹10, with the total issue size amounting to ₹10,000 Crores. The minimum order quantity is 138 Shares.

    The IPO will open on November 19, 2024, and close on November 22, 2024.

    The registrar of NTPC Green Energy IPO is Kfin Technologies Limited.

    Contact Information

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000

    E-mail: ntpcgreen.ipo @ kfintech.com

    Website: https://kosmic.kfintech.com/ipostatus/

    The IPO will open for subscription by November 19, 2024 and will close by November 22, 2024.

    Once the IPO will be live, you will be able to apply directly at Findoc website.

    The listing date is not yet announced. The tentative date of NTPC Green Energy IPO listing is Wednesday, November 27, 2024.