NTPC Green Energy Limited's IPO aims to raise ₹10,000 crore for renewable energy projects, with growth potential and risks highlighted. Ventura Securities advises investors to ‘subscribe’.

The subscription for the initial public offering (IPO) of NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, will begin tomorrow.

NTPC Green Energy's ₹10,000-crore IPO opens with price band of ₹102-108, aiming to expand renewable energy capacity.

NTPC Green Energy’s initial public offering (IPO) is poised to open for public bidding on Dalal Street this week. The public offer will be opened for anchor bidding on Monday, November 18.

NTPC Green Energy IPO price band is set at ₹102 to ₹108 per share. At the upper-end of the price band, the company plans to raise ₹10,000 crore from the book-built issue which is entirely a fresh issue of 92.

NGEL plans to commission 16 GW of solar capacity over the next three years, driving profitability, improving cash flows, and optimising costs through economies of scale, says management ahead of its Rs 10,