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NTPC Green Energy IPO: The wholly-owned subsidiary of NTPC launches its IPO. The company aims to raise Rs 10,000 crore by selling 92.59 crore fresh shares. The IPO closes on November 22. The allotment of shares of NTPC Green Energy will likely be finalised on November 25. The shares are expected to hit the bourses – BSE and NSE – on November 27.
The company set the IPO price band in a range of Rs 102 to Rs 108 per equity share. IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management are the book-running lead managers.
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