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Published 07:47 IST, November 27th 2024

NTPC Green Energy IPO Listing: Rs 10,000 Cr IPO Set For Market Debut - Check GMP

The Rs 10,000 crore IPO got fully subscribed on the third day of subscription with the retail investor portion attracting 2.7 times applications.

Reported by: Business Desk
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NTPC Green Energy IPO
NTPC Green Energy IPO | Image: NTPC Green Energy

NTPC Green Energy IPO Listing: The National Thermal Power Corporation (NTPC) Green (NTPC Green) IPO is set to make its D-Street debut on Wednesday, November 27. After opening for subscription on November 19-22, the shares of NTPC Green may be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange ( NSE ) on Wednesday.

The Rs 10,000 crore IPO got fully subscribed on the third day of subscription with the retail investor portion attracting 2.7 times applications.

NTPC Green Energy IPO GMP, Listing Price Prediction

Grey Market Premium (GMP) is the price investors are willing to pay for an IPO above the quoted price of the issue. As of 07:41 am on September 27, the NTPC Green Energy IPO GMP was Rs 1 per share.

Given the price band of NTPC Green Energy IPO, which is Rs 102-108, NTPC Green Energy's share is likely to make its is Rs 109.

NTPC Green Energy IPO Details

NTPC Green Energy IPO raised Rs 10,000 crore via fresh equity. There was no Offer For Sale (OFS) component in the NTPC Green Energy IPO. The proceeds of the issue will be used towards debt repayment and corporate requirements.

Disclaimer

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Updated 07:47 IST, November 27th 2024