NTPC Green Energy shares settle 12% higher in debut trade

NTPC Green Energy share price hit the 10 percent upper circuit after a muted listing on the exchange on November 27.

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26 Aug, 2025 12:21

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NTPC Green Energy share price settled over 12 percent higher after a modest stock market debut on November 27.

The stock quoted at Rs 121.25 per share on the NSE, closing 12.26 percent higher from its IPO price of Rs 108 apiece.

During the morning trade, the stock hit the 10 percent upper circuit after a muted listing on the exchanges on Wednesday. The stock of the company was locked in the highest permissible trade limit for the day to hit Rs 122.65 per share on the NSE.

The stock was up 13.56 percent from its IPO price as investors bet on India's growing clean energy needs as well as the government push to increase the usage of renewable energy.

Shares of India's NTPC Green Energy, the renewable energy arm of power producer NTPC were listed at Rs 111.50 per share on the NSE, a premium of 3.24 percent over the IPO price of Rs 108 per share.

On the BSE, the NTPC Green Energy stock was listed at Rs 111.60 apiece at a premium of 3.33 percent.

NTPC Green's IPO is the biggest in the country's renewable energy industry, Reuters reported quoting Dealogic data.

NTPC Green plans to use proceeds from the share sale to repay its unit NTPC Renewable Energy's debt, with parent NTPC not diluting their stake, draft papers showed.

NTPC Green Energy shares list at 3.24% premium over IPO price on NSE

Prashanth Tapse, Senior VP (Research) at Mehta Equities believes that for the long term investors NTPC Green Energy Ltd is a great opportunity to invest in a leading player of India’s renewable energy sector, backed by the formidable resources and expertise of NTPC Ltd as a Long term strategy only.

"Allotted investors should consider to HOLD IT FOR LONG TERM despite knowing short term volatility in the markets. For non-allotted investors, we advise to accumulate if the listing is around the issue price or even below," he added.

NTPC Green's strategic expansion into green hydrogen, green chemicals and battery storage further enhances its growth prospects, positioning it at the forefront of India’s energy transition.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.