A Pure Play In Renewable Energy With Strong Lineage
NTPC Green Energy Ltd. (NGEL), a wholly owned subsidiary of NTPC Ltd., a ‘Maharatna’ central public sector enterprise, focused on developing utility-scale solar and wind energy projects, as well as projects for PSUs and corporates. As of H1FY25, NGEL’s portfolio comprised 16,896 MW, including 3,320 MW of operational projects and 13,576 MW of contracted and awarded projects. Additionally, it has 9,175 MW capacity in the p...
IPO Note : NTPC Green Energy Ltd By Geojit Financial Services Ltd
BACKGROUND
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, began operations in February 2023, managing 3,320 MW of renewable energy (RE) capacity, predominantly solar. It has a robust pipeline of 26,071 MW, targeting India’s energy transition goals under NTPC’s vision of achieving 60 GW RE capacity by 2032. Focused on utility-scale RE projects, NGEL leverages innovative technologies, strategic partnerships, and geographic diversification to maintain operational ...
IPO Note : NTPC Green Energy Limited by Nirmal Bang Ltd
Leading construction company with strong parentage
Afcons Infrastructure Ltd. (AIL), the flagship infrastructure, engineering, and construction company of the Shapoorji Pallonji Group, was founded in 1959. AIL’s diverse portfolio includes marine and industrial, surface transport, urban infrastructure, hydro and underground, and oil and gas projects. With a significant international footprint, AIL derives about 30% of its revenue from exports, operating in Asia, Africa, and the Middle...
IPO Note : Afcons Infrastructure Ltd by Geojit Financial Services Ltd
Salient features of the IPO:
• Waaree Energies Ltd. (WEL), i. (WEL), is a manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12 GW, is coming up with an IPO to raise around Rs. 4,284.9 - 4,321.4cr, which opens on 21th Oct. and closes on 23th Oct. 2024. The price band is Rs. . 1,427 - 1,503 per share.
• The IPO is a combination of fresh issue (Rs. 3,418 - 3,600cr) and OFS portion of (Rs. 685.0 - 721.4cr). From the fresh issue net proceeds...
IPO Report - Waaree Energies Ltd by Choice Broking Ltd
BACKGROUND
P N Gadgil Jewellers Ltd offers an extensive range of precious metal and jewellery products, including gold, silver, platinum, and diamond jewellery under its brand name “PNG.” The company provides a diverse array of designs and price ranges to cater to various customer preferences. As of July 31, the company operates 39 stores, with 38 stores across 18 cities in Maharashtra and Goa, and one store in the United States, encompassing a total retail space of ~1,08,282 s...
IPO Note : P N Gadgil Jewellers Limited by Nirmal Bang Ltd
An emerging EPC Player...
Ceigall India Ltd. (CIL), founded in 2002, specializes in constructing state and national highways, elevated corridors, bridges, flyovers, and rail overbridges, along with highway maintenance. The company's operations are divided into Engineering, Procurement & Construction (EPC), Hybrid Annuity Model (HAM), and Operation & Maintenance (O&M) projects, covering ten states in India. CIL has completed over 34 projects, including 16 EPC, one HAM,...
IPO Note : Ceigall India Ltd by Geojit Financial Services Ltd
A key player in maize based derivative products...
Sanstar Ltd., established in 1982, is one of India's largest manufacturers of maize-based specialty products and ingredient solutions. The company caters to various sectors, including food and beverages, animal nutrition, pharmaceuticals, and other industrial applications. Sanstar offers a diversified product portfolio that includes liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, ...
IPO Note : Sanstar Ltd by Geojit Financial Services Ltd
