
This summary should help you stay updated on the latest developments about NTPC and its renewable energy initiatives. NTPC shares climbing over 4% after NTPC Green Energy filed IPO papers to raise Rs 10,000 crore:
- NTPC Shares Surge: NTPC shares jumped over 4% after the IPO filing by its renewable energy arm, NTPC Green Energy.
- IPO Details: NTPC Green Energy aims to raise Rs 10,000 crore through this IPO, which is expected to be one of the largest in India for 2024.
- Stock Performance: The shares hit a new 52-week high of Rs 431.85 on the BSE, reflecting strong investor confidence.
- Use of Funds: The IPO proceeds will be used to repay loans and for general corporate purposes.
- Debt Repayment: Approximately 75% of the raised capital (Rs 7,500 crore) will be allocated to clear debts of NTPC Renewable Energy Limited (NREL).
- Market Reaction: The stock opened higher at Rs 425.50 and was trading at Rs 428.45, up 3.53%, with a market capitalization of Rs 4.15 lakh crore.
- Company Growth: NTPC shares have nearly doubled from their 52-week low of Rs 227.75, delivering 78% returns in the last year.
- Renewable Energy Focus: NTPC Green Energy is a ‘Maharatna’ central public sector enterprise with a significant renewable energy portfolio, including solar and wind projects.
- Lead Managers: The IPO is being managed by IDBI Capital Markets & Securities, HDFC Bank, IIFL Securities, and Nuvama Wealth Management.
- Strategic Importance: This IPO aligns with India’s renewable energy goals and NTPC’s strategic focus on expanding its green energy footprint.
-
Digital Rupee (CBDC) 2025: What Will Happen When Every Rupee You Spend Is Tracked?
India’s 2025 Digital Rupee launch is rewriting the rules of money — promising faster payments, zero counterfeit risk, and full
-
Why India’s Supreme Court Is About to Change Your Stock Trading Costs Forever in 2025
Is India’s stock market facing a secret tax revolution in 2025? The Supreme Court is set to rule
-
How RBI’s Smart Authentication Will Make UPI Payments Faster and Safer—Starting October, 2025
Future of digital payments in India as RBI bans OTPs and unleashes biometric authentication starting October 8, 2025.
-
Indian Stock Market Trends: Tuesday 07-10-2025
Will the Nifty 50’s bullish run finally stall, or will Bank Nifty’s surging numbers spark fresh highs? Explore
-
Why 65% of Indian Middle-Class Households Are Struggling With Bad Credit in 2025!
Trapped in a middle-class debt spiral like thousands of Indian families in 2025? Discover the shocking reason why EMIs from
-
Best Credit Repair Companies in India 2025: The Ultimate Guide to Fix Bad Credit and Improve Scores Fast
Which credit repair firms in India actually fix CIBIL nightmares and which hide behind glossy promises in October