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NTPC is Planning to Float Its Shares Via IPO in 3 units

16 March 20234 mins read by Angel One
NTPC is Planning to Float Its Shares Via IPO in 3 units
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NTPC is recognised as India’s largest electricity producer. Recently, this company has been inching towards green energy as more entities are trying their best to lower coal usage.

As a part of its new plan, this coal giant is planning to float its shares via IPO. As per reports, NTPC is planning to raise nearly Rs. 150 billion, i.e., $2 billion through its public offer. However, the company plans to fundraise through its public offer in three units.

Read on to find more details about this topic.

NTPC’s IPO Plans: The Road Ahead

This company is yet to file its initial draft red herring prospectus. In fact, as of now, the company has expressed a desire to raise funds by floating its shares via a public offer.

The IPO will be carried out in 3 units per its initial plans, including trimming its joint venture stake and renewables business. NTPC is yet to share details as to what are its plans regarding the IPO, the anticipated issue size and its composition.

NTPC’s Key Highlights: Other Plans

It is likely that this generator could sell its shares in the NTPC Renewable Energy Ltd. in a year. Moreover, North Eastern Electric Power Corp., the hydropower unit, and NTPC Vidyut Vyapar Nigam Ltd., the power trading arm, are expected to get listed in early 2024. This company also plans to sell NTPC-SAIL Power Co.

NTPC Renewable Energy could have a capacity of nearly 10 gigawatts around the time it gets listed. It is also expected that the company could merge its Koldam hydropower project based in Himachal Pradesh with its renewables subsidiaries.

Other plans and highlights include:

  • Since the beginning of this fiscal year, this company has managed to win renewables projects of over 2,765 megawatts.
  • It operates 90% of its production capacity on coal. Subsequently, it pushed its scale of green ambition.
  • It plans to build renewable energy projects of nearly 60 gigawatts in 2032.
  • NTPC will increase its hydropower fleet in the next couple of years. It bought 2 producers, such as North Eastern Electric, for $1.5 billion to achieve the same.

Keep up with all such developments and IPO plans of NTPC and other leading companies by keeping an eye on Angel One’s blog section. Also, don’t forget to streamline your investment experience even further by downloading our Angel One app.


Frequently Asked Questions

  1. NTPC operates in which sector?

NTPC is the largest energy conglomerate in India. It focuses its function on electricity generation and distribution.

  1. When will NTPC launch its IPO?

NTPC is in its pre-planning stage and is yet to file its DRHP. Hence, there is not enough information to speculate its IPO timeline.

  1. What is the expected size of NTPC IPO?

As per the latest information, NTPC aims to fundraise nearly $2 billion via its public offer in three units. This company is yet to file its DRHP and share information about its IPO composition.


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