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NTPC Green Energy IPO News
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The stock made its debut at Rs 111.60, up 3.33 per cent from the issue price on the BSE. Later, it climbed 12.40 per cent to Rs 121.40.
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NTPC Green Energy IPO Allotment: After last week's three-day bidding, the IPO saw overall subscription at 2.42 times, with the retail portion subscribed 3.44 times, the QIB segment 3.32 times, and the NII segment 0.81 times.
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NTPC Green Energy with a price band of Rs 102 to Rs 108 per share, will be available for public subscription during November 19 to 22.
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The IPO with a face value of Rs 10 per equity share is a fresh issue of equity shares that includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.
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NTPC Green’s portfolio consists of 14,696 MWs including 2,925 MWs of operating projects and 11,771 MWs of contracted and awarded projects (as on June 30).
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