SYNOPSIS: NTPC Green Energy’s lock-in expiry on 26th November will release 580.6 crore shares – 69 percent of its equity – for trading. The stock was listed with a modest premium after its Rs. 10,000 crore IPO.
During Friday’s trading session, shares of a renewable energy company that focuses on undertaking projects through organic and inorganic routes are in focus on the stock exchanges ahead of a key development scheduled for Wednesday, 26th November 2025. Read on to find out why.
At 01:44 p.m., the shares of NTPC Green Energy Limited were trading in the red at Rs. 97.2 on BSE, as against its previous closing price of Rs. 97.5, with a market cap of Rs. 81,904 crores. So far in 2025, the stock has delivered negative returns of around 24 percent.
What’s the News
26th November is set to be a significant trading session for NTPC Green Energy Limited, as the six-month and “beyond” shareholder lock-in period will come to an end on that day.
Once the lock-in expires, nearly 580.6 crore equity shares of NTPC Green Energy will become eligible for trading. This represents approximately 69 percent of the company’s outstanding equity.
It is important to note that the expiry of the lock-in period does not imply that all these shares will be sold immediately; it only means that they can now be traded freely in the secondary market.
The stock made its market debut on 27th November, listing at Rs. 111.5 on the NSE – a modest premium of 3.2 percent over its issue price of Rs. 108. On the BSE, it opened slightly higher at Rs. 111.6, marking a 3.33 percent gain from the IPO price.
NTPC Green Energy’s Rs. 10,000-crore initial public offering (IPO) was open for subscription from 19th November to 22nd November. The issue was priced in the range of Rs. 102-108 per share.
Financials & more
NTPC Green Energy Ltd reported a significant growth in its consolidated revenue from operations, showing a year-on-year increase of more than 21 percent from Rs. 504 crores in Q2 FY25 to Rs. 612 crores in Q2 FY26. Likewise, its net profit increased during the same period from Rs. 37 crores to Rs. 86 crores, representing an impressive rise of around 132 percent YoY.
NTPC Green Energy Limited is engaged in the business of power generation through non-conventional/renewable energy sources in all its aspects, whether wind, hydro, solar, tidal, geothermal, biomass, wave, waste, hybrid or any other form and production of green molecules, etc.
NGEL serves as the umbrella company for NTPC’s green energy initiatives, executing projects through both organic and inorganic growth strategies. It aims to lead NTPC’s transition toward sustainable energy, with a target of achieving 60 GW by FY32.
The company has strategically diversified its portfolio across various green energy segments and actively participates in bidding processes, tenders, and Ultra Mega Renewable Energy Power Parks (UMREPP).
Written by Shivani Singh
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