New Delhi: In the last few years, IPOs have attracted a lot of investors. The main reason behind this is the listing at a good premium. At the same time, many IPOs are going to be launched in the primary market next week, the most important of which is the NTPC Green Energy IPO, a subsidiary of government-owned company NTPC, which investors are eagerly waiting for. Apart from this, two other IPOs will open for subscription, while 4 including Jinka Logistics Solution are going to be listed on the street.
 

NTPC Green IPO
 

NTPC Green IPO has set a price band of Rs 102-108 for its Rs 10,000 crore IPO, which will open for subscription on November 19. The issue will open for anchor investors on November 18, while investors can bid till November 22. This Rs 10,000 crore IPO will be entirely a fresh issue of equity shares and will not have any offer for sale (OFS) component. Investors can bid in up to 138 shares and multiples thereof in one lot.

Largest PSU Renewable Energy Company
 

The company plans to use the funds raised through the IPO to invest in its subsidiary NTPC Renewable Energy, repay debt, and for general corporate purposes. NTPC Green Energy is currently India's largest public-sector renewable energy company. As of June 2024, the company has a renewable energy portfolio of 14,696 MW, which includes operating projects of 2,925 MW and contracted and awarded projects of 11,771 MW.

Financially very strong
 

The company's portfolio is mainly based on solar and wind power projects, which are spread across more than six states of India. Its advantage is that it can reduce the problem of generation variability i.e. fluctuations in power generation. The financial position of NTPC Green Energy is also very strong. The company's revenue has grown by an average of 46.82% annually to Rs 1,962.6 crore between 2022 and 2024. Apart from this, Profit After Tax (PAT) has grown by 90.75% between 2022 and 2024 and has increased from Rs 94.74 crore to Rs 344.72 crore.

IDBI Capital Markets & Securities, HDFC Bank, IFL Capital Services, and Nuvama Wealth Management have been given the responsibility of book-running lead managers for this IPO.

IPOs of these companies will also open.
 

Also, Lamosaic India's SME IPO is also going to open on November 21, the price of which has been fixed at Rs 200 per share. This IPO will issue 30.6 lakh new shares. At the same time, C2C Advanced Systems' IPO will open on November 22, whose price band is Rs 214-226 per share.