#ipo 2024

The highly anticipated NTPC Green Energy IPO, a ₹10,000 crore offering, is set to open for subscription on November 19, 2024. As the renewable energy arm of the state-owned power giant NTPC Limited, this IPO has garnered significant attention. Here are five key things investors should know about the IPO before it launches:

1) Offer Size, Price Band, and Minimum Investment Requirements

NTPC Green Energy is offering a ₹10,000-crore book-building IPO, consisting solely of a fresh issuance of 92.59 crore shares (there is no offer-for-sale component). The IPO price band has been set between ₹102 and ₹108 per share.

Retail Investors: The minimum application size is 138 shares, requiring an investment of ₹14,904.

Small Non-Institutional Investors (sNII): Must apply for a minimum of 1,932 shares (14 lots), amounting to ₹2,08,656.

Large Non-Institutional Investors (bNII): Need to apply for at least 9,384 shares (68 lots), which requires an investment of ₹10,13,472.

The IPO’s book-running lead managers include IDBI Capital, HDFC Bank, IIFL Securities, and Nuvama Wealth Management, while Kfin Technologies will handle the issue’s registrar duties.

2) Key Dates for the IPO

Subscription Period: November 19 to November 22, 2024

IPO Allotment Status: November 25, 2024

Refunds Initiation: November 26, 2024

Shares in Demat Accounts (for successful applicants): November 26, 2024

Listing Date: November 27, 2024, on the BSE and NSE

3) Use of IPO Proceeds

The net proceeds from the NTPC Green Energy IPO will be primarily utilized for:

Investing in NTPC Renewable Energy Limited (NREL): To support its renewable energy projects and operations.

Repayment of Borrowings: To pay down certain outstanding debts.

General Corporate Purposes: For business growth and operational needs.

4) Financial Performance

NTPC Green Energy has shown impressive growth in recent years. For the financial year ending March 31, 2024, the company reported a staggering 1,094% rise in total income, reaching ₹2,037.66 crore (up from ₹170.63 crore in FY23). Its profit after tax (PAT) also more than doubled to ₹344.72 crore in FY24, compared to ₹171.23 crore the previous year.

5) About NTPC Green Energy Limited

Founded in April 2022, NTPC Green Energy is a fully owned subsidiary of NTPC Limited, focused on developing renewable energy projects. The company is actively involved in building 31 renewable energy projects across seven states, with a portfolio that includes 37 solar and 9 wind projects. Backed by NTPC’s robust infrastructure and financial stability, NTPC Green Energy benefits from strong relationships with key stakeholders, including off-takers and suppliers.

The Indian stock market continues to be a hotbed for activity, with several exciting Initial Public Offerings (IPOs) on the horizon in 2024. This comprehensive guide will equip you with the knowledge you need to navigate the upcoming IPO landscape, including details on expected offerings, IPO Grey Market Premium (GMP), and a sneak peek at the upcoming SME IPO list 2024

Upcoming Public Offerings (IPOs):

The remainder of 2024 promises a healthy pipeline of IPOs across various sectors. Here's a glimpse at some of the highly anticipated offerings:

Ebixcash: A leading provider of B2B on-demand services specializing in insurance, travel, and financial technologies.

Indiafirst Life Insurance: A prominent private life insurance company known for its innovative product portfolio and customer-centric approach.

SPC Life Sciences: A fast-growing pharmaceutical company engaged in manufacturing and marketing a diverse range of formulations.

Tata Play: A subsidiary of the Tata Group, offering a comprehensive bouquet of DTH and broadband services.

Lohia Corp: A leading manufacturer of PET packaging solutions with a strong presence in the global market.

Nova Agritech: An agritech company focused on developing and distributing high-quality crop protection products.

What is IPO GMP?

IPO Grey Market Premium (GMP) refers to the unofficial premium investors are willing to pay for shares in an upcoming IPO before they are listed on the stock exchange. It's important to understand that GMP is not an official indicator of the IPO's performance and should be considered speculative. However, it can provide some insight into investor sentiment surrounding a particular offering.

Resources for Tracking Upcoming IPOs and GMP:

Several valuable resources can help you stay updated on upcoming IPOs and track their associated GMP. Here are a few popular options:

Moneycontrol: provides a dedicated IPO section with detailed information on upcoming offerings and historical performance.

Chittorgarh: features a user-friendly IPO calendar with live updates and GMP trends.

The Rise of SME IPOs:

The Indian stock market has witnessed a surge in interest for Small and Medium Enterprises (SME) IPOs. These offerings allow smaller companies to raise capital and expand their operations. Here are some of the advantages of investing in SME IPOs:

High Growth Potential: SME companies often exhibit high growth trajectories, offering the potential for significant capital appreciation.

Diversification: SME IPOs can help diversify your investment portfolio by including companies from various sectors not typically represented in large-cap offerings.

Early Investment Opportunity: Investing in an SME IPO allows you to participate in a company's growth story at an early stage.

A Glimpse into Upcoming SME IPOs (Disclaimer: Listing subject to change):

While the specific SME IPO listings can be dynamic, here are some examples of companies that might be considering an SME IPO in the near future:

Indegene Ltd: A contract research organization providing drug discovery and development services.

Aadhar Housing Finance: A housing finance company catering to the underserved and affordable housing segments.

TBO Tek: A leading player in the travel technology space.

MobiKwik: A popular digital payments platform offering a wide range of financial services.

Ixigo: A prominent online travel aggregator facilitating hotel bookings, flight reservations, and travel packages.

Important Considerations Before Investing in an IPO:

Before investing in any IPO, including upcoming SME offerings, it's crucial to conduct thorough research. Here are some key factors to consider:

Company Financials: Analyze the company's financial health, profitability, and growth prospects.

Industry Outlook: Evaluate the overall health and growth potential of the industry the company operates in.

Management Team: Assess the experience and capabilities of the company's management team.

IPO Valuation: Compare the IPO price with the company's fundamentals to determine if it's fairly valued.

Remember: IPOs can be a lucrative investment opportunity, but they also carry inherent risks. By conducting thorough research, understanding IPO GMP (while acknowledging its limitations), and carefully considering the factors mentioned above, you can make informed investment decisions in the exciting world of upcoming IPOs and the growing SME IPO market.

Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.

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The initial public offering (IPO) market continues to be a hotbed of activity, with exciting new companies seeking to raise capital and join the public stock exchanges. As an investor, navigating the IPO landscape can be both thrilling and daunting. The potential for high returns beckons, but so does the risk of overhype and unforeseen challenges.

Before you jump on the IPO bandwagon in 2024, here's a comprehensive checklist to equip you for informed investment decisions:

Understand Your Investment Goals and Risk Tolerance:

What are your investment goals? Are you seeking long-term growth, short-term gains, or diversification? IPOs can offer all three, but with varying degrees of risk.

How comfortable are you with risk? IPOs are inherently speculative. New companies haven't established a long track record of performance. Be honest about your risk tolerance before committing any capital.

Research the Company Thoroughly:

Read the Red Herring Prospectus: This document, mandated by the Securities and Exchange Board of India (SEBI), provides a wealth of information about the company, including its business model, financials, management team, risk factors, and future plans.

Dig Deeper: Don't just rely on the prospectus. Analyze industry trends, competitor performance, and the overall market sentiment.

Seek Out Independent Analysis: Look for research reports from reputable financial institutions or independent analysts to gain diverse perspectives.

Scrutinize the Company Financials:

Revenue Growth: Analyze the company's revenue growth trajectory. Look for consistent and sustainable growth, not just a one-time spike.

Profitability: While profitability isn't always a deal-breaker for high-growth companies, understand their path to becoming profitable.

Debt Levels: Excessive debt can be a significant burden. Evaluate the company's debt-to-equity ratio and its ability to manage its debt obligations.

Evaluate the Management Team:

Experience and Expertise: Assess the management team's experience in the industry and their track record of success.

Leadership and Vision: Look for a leadership team with a clear vision for the company's future and the ability to execute their plans.

Corporate Governance: Ensure the company adheres to good corporate governance practices with transparency and accountability.

Understand the IPO Structure:

Fresh Issue vs. Offer for Sale (OFS): In a fresh issue, the company raises new capital, while in an OFS, existing shareholders sell their stake.

Pricing: Analyze the IPO pricing compared to industry benchmarks and the company's valuation. Is it a fair price that reflects the company's true potential?

Lock-in Period: Be aware of any lock-in periods where you might not be able to sell your shares immediately after the IPO.

Consider the Market Conditions:

Overall Market Sentiment: A bull market can fuel IPO hype, while a bear market might lead to post-listing price corrections.

Industry Performance: Evaluate how companies in the same industry are performing. Look for tailwinds that might benefit the IPO.

Liquidity: Ensure the IPO has sufficient liquidity, meaning enough shares are available for trading to ensure you can easily enter and exit your position.

Develop an Investment Strategy:

Allocation: Determine how much of your investment portfolio you're comfortable allocating to IPOs. Remember, diversification is key.

Entry and Exit Strategy: Decide on a price point for entry and a target return for exiting your investment.

Risk Management: Have a risk management plan in place, including stop-loss orders to limit potential losses.

Choose a Reputable Broker:

IPO Access: Ensure your broker has access to IPO offerings and can guide you through the application process.

Experience and Expertise: Choose a broker with a strong reputation in handling IPOs and providing sound investment advice.

Fees and Charges: Be aware of any brokerage fees or charges associated with participating in IPOs.

Remember: IPOs are not guaranteed successes. By following this checklist and conducting thorough research, you can increase your chances of making informed investment decisions and navigating the exciting world of 2024 IPOs.

Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making any investment decisions.

Here is the list of IPO 2024

Kronox Lab Sciences IPO GMP Today

Awfis Space Solutions IPO GMP Today

Go Digit IPO GMP Today

Aadhar Housing Finance IPO GMP Today

TBO TEK IPO GMP Today

Indegene IPO GMP Today

JNK India IPO GMP Today

Vodafone Idea IPO GMP Today

Bharti Hexacom IPO GMP Today

SRM Contractors IPO GMP Today

Krystal Integrated IPO GMP Today

Popular Vehicles IPO GMP Today

BLS-E Services IPO GMP Today

Nova Agri Tech IPO GMP Today

Azad Engineering IPO GMP Today

RBZ Jewellers IPO GMP Today

Muthoot Microfin IPO GMP Today

Suraj Estate Developers IPO GMP Today

DOMS IPO GMP Today

India Shelter Finance IPO GMP Today

Sattrix Information Security IPO GMP Today

TBI CornI PO GMP Today

Associated Coaters IPO GMP Today

Aimtron Electronics IPO GMP Today

Ztech India IPO GMP Today

Beacon Trusteeship IPO GMP Today

Vilas Transcore IPO GMP Today

GSM Foils IPO GMP Today

Rulka Electricals IPO GMP Today

Quest Laboratories IPO GMP Today

Indian Emulsifier IPO GMP Today

Veritaas Advertising IPO GMP Today

Mandeep Auto Industries IPO GMP Today

ABS Marine Services IPO GMP Today

Piotex Industries IPO GMP Today

Aztec Fluids & Machinery IPO GMP Today

Premier Roadlines IPO GMP Today

Energy Mission Machineries IPO GMP Today

TGIF Agribusiness IPO GMP Today

Finelistings Technologies IPO GMP Today

Stay ahead of the curve with Upcoming IPO Watch, your premier destination for the latest insights into Initial Public Offerings (IPOs). Whether you're a seasoned investor or a novice in the market, our platform provides comprehensive coverage of IPOs, including IPO GMP (Grey Market Premium) prices, enabling you to make informed decisions.

From SME IPOs to major market debuts, we offer detailed analysis and expert commentary to guide you through the intricacies of the IPO landscape. Our user-friendly interface ensures easy access to crucial data, such as IPO subscription figures and expected listing dates.