NTPC Green Energy will open on November 19. The company will raise Rs 10,000 crore from investors by selling them 92.59 crore fresh shares. The company’s IPO will close on November 22. The IPO price band ranges between Rs 102 to Rs 108 per equity share.
NTPC Green Energy IPO allotment
The allotment of shares of NTPC Green Energy IPO will likely be finalised on November 25. NTPC Green Energy IPO is expected to hit the bourses – NSE and BSE – on November 27, as per the tentative schedule.
NTPC Green Energy IPO GMP
Shares of NTPC Green Energy were fetching a premium of 2.3% in the grey market, indicating a positive listing. The grey market is an unofficial place to trade shares ahead of listing.
Minimum investment required for NTPC Green Energy IPO
A retail buyer needs to apply for a minimum of 138 shares in a lot which amounts to Rs 14,904. The minimum lot size investment for a small NII is 14 lots of 1,932 shares, amounting to Rs 2,08,656. While a big NII needs to apply for a minimum of 68 lots of 9,384 shares, which amounts to Rs 10,13,472.
BRLMs and Registrar
IDBI Capital Market Services, HDFC Bank Limited, IIFL Securities, and Nuvama Wealth Management are the lead book runners of the IPO. While Kfin Technologies is the registrar for the issue.
» Read More
