Renewable energy leader; valuation reasonable given growth runway.
Largest renewable platform in India with PSU backing and strong PPA pipeline. Premium pricing justified.
GMP is the unofficial premium at which IPO applications trade in the grey market before listing. It's indicative only, sourced from unofficial dealers. Not a guarantee of listing gain.
| Company | Market Cap | P/E | P/B | ROE % | Div Yld % |
|---|---|---|---|---|---|
| Adani Power LimitedADANIPOWER | ₹4.36 L Cr | 35.1 | 6.9 | 20.9% | 0.00% |
| NTPC LimitedNTPC | ₹3.51 L Cr | 11.9 | 1.7 | 13.7% | 3.14% |
| Power Grid Corporation of India LimitedPOWERGRID | ₹2.70 L Cr | 14.2 | 2.6 | 16.5% | 4.29% |
| Adani Green Energy LimitedADANIGREEN |
| ₹2.46 L Cr |
| 158.8 |
| 13.0 |
| 7.6% |
| — |
| Adani Energy Solutions LimitedADANIENSOL | ₹1.89 L Cr | 84.8 | 7.5 | 9.7% | — |
| Tata Power Company LimitedTATAPOWER | ₹1.29 L Cr | 35.0 | 3.5 | 11.3% | 0.61% |
Compare this IPO's asking price to the P/E, P/B, ROE of established listed peers in the same sector. Substantially higher valuation than peers needs justification.
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