NTPC Green Energy IPO listing: NTPC Green Energy shares were listed at Rs 111.50 on the National Stock Exchange, a premium of 3.2% to the issue price. On the BSE, the stock was listed at Rs 111.60, a premium of 3.33%.
NTPC Green Energy IPO GMP
The stocks of NTPC Green Energy fetched a premium of a mere Re 1 in the grey market, which indicated a muted listing. The grey market is an unregulated place where shares of a company are traded illegally ahead of listing. Market participants keep an eye on the GMP to track listing gains.
NTPC Green Energy IPO key details
The initial public offering commenced on November 19 and garnered Rs 10,000 crore from investors. The initial public offering concluded on November 22. The company issued 92.59 crore fresh shares. The IPO price band was set between Rs 102 and Rs 108 for each equity share.
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NTPC Green Energy IPO allotment
The allotment of shares for the NTPC Green Energy IPO was finalised on November 25, and the shares were credited into the D’mat accounts on November 26, along with the refunds. Also, the issue included a reservation of 19.41 million shares for employees, which were offered to them at a discount of Rs 5 to the issue price.
Minimum investment
A retail buyer had to apply for a minimum of 138 shares in a lot, which amounts to Rs 14,904. There were different lot sizes for small and big NIIs, ranging from Rs 2,08,656 to Rs 10,13,472.
Also ReadCatch all the live updates on NTPC Green Energy on our live blog
About NTPC Green Energy
NTPC Green Energy is a wholly-owned subsidiary of NTPC. As of Sep’24, it stands as the largest public sector enterprise in renewable energy (excluding hydro) based on operational capacity and power generation. The company’s renewable portfolio encompasses both solar and wind power assets and its operational capacity was 3,220 MW of solar projects and 100 MW of wind projects across 6 states as of Sep’ 24.
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