Bookbuilding IPO | ₹5,368 Cr | Listed at NSE, BSE | Thu, Oct 7, 2004 - Thu, Oct 14, 2004
National Thermal Power IPO is a book build issue of ₹5,368.15 crores. The issue is a combination of fresh issue of 43.29 crore shares aggregating to ₹2,684.07 crores and offer for sale of 43.29 crore shares aggregating to ₹2,684.07 crores.
National Thermal Power IPO bidding started from Oct 7, 2004 and ended on Oct 14, 2004. The shares got listed on NSE and BSE on Nov 5, 2004.
National Thermal Power IPO is set final issue price at ₹62 per share.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to National Thermal Power IPO DRHP for detailed Information.
IPO Open
Thu, Oct 7, 2004
IPO Close
Thu, Oct 14, 2004
Issue Price
₹62 per share
Market Cap (Pre-IPO)
₹51,121.88 Cr
| IPO Date | 7 to 14 Oct, 2004 |
| Listed on | Fri, Nov 5, 2004 |
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹62 |
| Issue Price | ₹62 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | 86,58,30,000 shares (agg. up to ₹5,368 Cr) |
| Fresh Issue | 43,29,15,000 shares (agg. up to ₹2,684 Cr) |
| Offer for Sale | 43,29,15,000 shares of ₹10 (agg. up to ₹2,684 Cr) |
| Share Holding Pre Issue | 7,81,25,49,400 shares |
| Share Holding Post Issue | 8,24,54,64,400 shares |
| BSE Script Code / NSE Symbol | 532555 / NTPC |
| ISIN | INE733E01010 |
NATIONAL THERMAL POWER IPO comprises a total issue size of 86,58,30,000 shares. The net offer to the public is 84,52,15,000 shares, after excluding 2,06,15,000 shares under a preferential allotment. Of the Net offer 42,26,07,500 (50.00%) are allocated to QIB, 21,13,03,750 (25.00%) allocated to NII 21,13,03,750 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 42,26,07,500 | 50.00% | 48.81% |
| NII (HNI) Shares Offered | 21,13,03,750 | 25.00% | 24.40% |
| Retail Shares Offered | 21,13,03,750 | 25.00% | 24.40% |
| Preferential Reservations | |||
| Employee Shares Offered | 2,06,15,000 | 2.38% | |
| Total Shares Offered | 86,58,30,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1975, NTPC Limited, formerly known as National Thermal Power Corporation Limited,is integrated power company engaged in the generation and sale of electricity. The company was by the Government of India to accelerate power development across the country and ensure reliable electricity supply for industrial and economic growth.
The company primarily operates thermal power plants fueled by coal and gas, but over the years it has significantly diversified into renewable energy sources such as solar, wind, hydro, and green hydrogen projects. NTPC also has interests in power trading, coal mining, consultancy services, electric mobility, and energy distribution businesses.
NTPC operates power stations across multiple Indian states and supplies electricity to state distribution companies and large industrial consumers. The company is known for its large installed generation capacity, strong operational efficiency, and major contribution to India’s electricity generation sector.
Competitive Strengths:
| Period Ended | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Assets | 3,557.24 | 3,279.10 | 3,026.88 |
| Total Income | 2,658.16 | 2,009.18 | 1,870.16 |
| Profit After Tax | 528.13 | 362.57 | 355.56 |
| EBITDA | 1,135.14 | 634.41 | 605.18 |
| NET Worth | 3,557.24 | 3,279.10 | 3,026.88 |
| Reserves and Surplus | 2,776.15 | 2,499.09 | 2,244.62 |
| Total Borrowing | 1,562.78 | 1,339.62 | 1,177.41 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | General corporate purposes | |
| 2 | Expansion projects -Rihand Super Thermal Power Project, Stage II | |
| 3 | Vindhyachal Super Thermal Power Project Stage III | |
| 4 | Kahalgaon Super Thermal Power Project, Stage II (Phase-I & II) | |
| 5 | Sipat Super Thermal Power Project, Stage I. | |
| 6 | Sipat Super Thermal Power Project, Stage II. | |
| 7 | Feroze Gandhi Unchahar Thermal Power Project, Stage III | |
| Total | 0.00 |
| KPI | Mar 31, 2004 |
|---|---|
| RoNW | 11.21% |
| Price to Book Value | 1.36 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.68 | 0.64 |
| P/E (x) | 91.72 | 96.8 |
| Promoter Holding | 100% | 89.5% |
| Market Cap | ₹51,121.88 Cr. |
The National Thermal Power IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 13.16 | 86,58,30,000 | 11,39,42,71,263 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 11.55 |
| 2 | Advertisement & Marketing expenses | 6.69 |
| 3 | Printing, stationery including transportation | 7.83 |
| 4 | Others (Registrar’s fees, Legal fee, listing fee, etc.) | 12.12 |
| Total | 38.19 |
| Price Details |
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National Thermal Power IPO is a main-board IPO of 86,58,30,000 equity shares of the face value of ₹10 aggregating up to ₹5,368 Crores. The issue is priced at ₹62 per share. The minimum order quantity is .
The IPO opens on Thu, Oct 7, 2004, and closes on Thu, Oct 14, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in National Thermal Power IPO using UPI as a payment gateway. Zerodha customers can apply in National Thermal Power IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in National Thermal Power IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The National Thermal Power IPO opens on Thu, Oct 7, 2004 and closes on Thu, Oct 14, 2004.
National Thermal Power IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in National Thermal Power IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for National Thermal Power IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the National Thermal Power IPO allotment status.
The National Thermal Power IPO listing date is on .
