New Delhi: NTPC Green Energy IPO worth Rs 10,000 crore launched on November 19, 2024, is expected to close on Friday, November 22, 2024. NTPC Green Energy raised Rs 3,960 crore from anchor investors ahead of the IPO. NTPC Green Energy is a state-owned power corporation NTPC’s renewable energy unit with an active energy capacity of 3.32 GW. NTPC Green Energy competes with Adani Green Energy and ReNew Energy Global.
NTPC Green Energy shares will be listed on the BSE and NSE. NTPC Green Energy IPO’s minimum lot size is 138 shares equalling Rs 14,904 at the upper price band. NTPC Green IPO shares have been priced at Rs 102-108 apiece.
NTPC Green Energy IPO GMP
NTOC Green Energy IPO’s grey market premium or GMP stood at Rs 0.40 apiece on Thursday, according to Investorgain. This indicates a listing price of Rs 108.40 apiece for NTPC Green’s stock. This represents a 0.37 per cent listing premium for NTPC Green Energy’s shares. Grey market premium is the extra amount an investor is willing to pay in order to acquire a company’s stock.
NTPC Green Energy IPO subscription status
NTPC Green Energy IPO was subscribed 0.25X in the non-institutional investor category. NTPC Green Energy IPO’s retail portion was subscribed 2X as of 12 pm on day 2 of the subscription period. The public issue’s overall subscription status stood at 0.50X, the Mint reported. NTPC Green Energy’s IPO was subscribed 33 per cent on its first day.
NTPC Green Energy IPO key dates
NTPC Green Energy’s IPO which opened on November 19, 2024, and closes on November 22, 2024, is likely to list on November 27, 2024. NTPC Green Energy IPO allotment will take place on November 25, 2024. Refunds for unsuccessful bids will be processed on November 26, 2024. Shares against successful bids will be credited to demat accounts on November 26, 2024, according to information available on Chittorgarh.com.
IDBI Capital Market Services, HDFC Bank, IIFL Securities and Nuvama Wealth Management are acting as book-running lead managers on the NTPC Green Energy IPO. Kfin Technologies is acting as the IPO registrar. NTPC Green Energy’s revenue rose over 1000 per cent on-year basis to Rs 32,408.30 crore in the year ending March 31, 2024, and 101.32 per cent to Rs 344.72 crore during the same period.
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NTPC Green Energy’s IPO worth Rs 10,000 crore opened for subscription on November 19, 2024. Check key dates and subscription status. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
