NTPC Green Energy IPO Subscription Details on Day 1

19 Nov 2024 , 12:53 PM

NTPC Green Energy’s Initial Public Offering (IPO) opened for public subscription on 19 November, 2024. The company had raised ₹3,960 Crore from anchor investors a day before the IPO launch on 18 November, 2024.

NTPC Green Energy’s IPO had received an overall subscription of 0.19 times at 12:37 PM on November 19, 2024. The retail investor portion got subscribed 0.81 times, but for NII response was lower at 0.07 times. The subscription for the QIB segment is yet to be started.

The ₹10,000 crore sized public offer has constituted fresh issues of as many as 92.59 crore shares within a price band of ₹102-108 per share. Eligible investors can place bids for any number of lots of 138 shares and its multiples.

Registrar of issue is KFin Technologies and book running lead managers are IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management.  Issue will remain open for bidding up to 22 November, 2024 and final allotment on 25th November 2024.