New Delhi: NTPC Green IPO allotment status will be finalised on November 25, 2024. The IPO of the NTPC’s renewable energy unit closed on November 25 2024. The Rs 10,000 crore IPO was subscribed 3.44X. While the retail section was subscribed 3.4X, while the qualified institutional buyer’s section was subscribed 3.32X. Non-institutional investors subscribed 81 per cent, according to exchange data.
NTPC Green IPO price band was placed at Rs 102-108 apiece. With over 925 million shares on offer, the IPO entirely comprised a fresh issue. NTPC Green Energy IPO was offered with a minimum lot size of 138 shares worth Rs 14,904. Book running lead managers on the IPO include IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management. NTPC Green Energy aims to utilise the IPO proceeds to repay debts and for general corporate purposes.
NTPC Green Energy reported a net profit of Rs 175.30 crore in the period ending September 2024 from Rs 344.72 crore in the period ending March 31, 2024, according to official data.
How to check NTPC Green IPO allotment status
NTPC Green IPO allotment status can be checked on the registrar Kfin Tech’s website in this manner:
- Visit the official website at status
- Select a server
- Choose the IPO name: NTPC Green Energy
- Enter details from among application number and demat acccount to PAN
- Complete the Captcha
- Choose the ‘submit option
- View status
NTPC Green Energy IPO GMP
- NTPC Green Energy IPO GMP stood at Rs 3.50 apiece as of November 25, 2024, according to Investrogain.
- GMP is the premium that an investor is willing to pay in order to acquire the shares of a company.
- The company’s indicated listing price is Rs 111.5 apiece, a 3.24 per cent ‘premium over the upper price band of Rs 108 apiece.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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