New Delhi: NTPC Green Energy IPO allotment completed. Investors can check their NTPC IPO allotment status by visiting the BSE website (https://www.bseindia.com/investors/appli_check.aspx) and the official website of KFin Technologies (https://ipostatus.kfintech.com/), which is the official registrar of the initial public offer. Notably, the Rs 10000 crore IPO of NTPC Green Energy is yet to create any buzz in the grey market. NTOC Green is the renewable energy arm of NTPC.
Investorgain reported that NTPC Green IPO stood at Rs 2 on November 26 morning. With the price band of Rs 108, the shares are expected to be listed at Rs 110, indicating a gain of 1.85 per cent. The IPO opened for subscription from November 19 to 22. The allotment of the IPO was finalised on November 25, 2024. The NTPC Green Energy shares will list on BSE, NSE with a tentative date November 27.
The initial public offering of NTPC Green was subscribed 2.40 times on the final day of the share sale on November 22. The NSE data showed that the Rs 10,000-crore share sale received bids for 1,42,65,07,242 shares against 59,31,67,575 shares on offer.
Retail individual investors (RIIs) category fetched 3.39 times subscription
Qualified Institutional Buyers (QIBs) portion received 3.32 times subscription
Non-Institutional Investors got subscribed 81 per cent
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
NTPC Green Energy IPO shares will list on BSE and NSE on November 27, 2024. The NTPC Green GMP signals muted debut as the grey market trends indicate less than 2 per cent listing gains. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
