NTPC Green Energy IPO: NTPC Green Energy’s initial public offering (IPO) closed on Friday, November 22. According to BSE (Bombay Stock Exchange) data, the IPO was subscribed 2.40 times the issue size. The final day saw the Qualified Institutional Buyers (QIBs) leading the subscription, while the retail category was booked 3.39 times. The issue was subscribed 33% on the first day and 93% on Day 2.
The company’s Rs 10,000 crore IPO opened on November 19 and closed on November 22. The price range for the IPO was Rs 102-108 per share. The IPO timeline includes share allotment finalization on November 25, demat account crediting by November 26, and an anticipated listing on the BSE and NSE on November 27, 2024.
NTPC Green Energy IPO Details
| Category | Details |
|---|---|
| IPO Type | Fresh issuance of equity shares (no offer-for-sale) |
| Price Band | Rs 102 – Rs 108 per share |
| Allotment Date | Expected by Monday, November 25 |
| Demat Account Credit | By November 26 |
| Stock Listing Date | November 27, 2024 on BSE and NSE |
Check Your Allotment Status Online – Easy Steps To Follow
- On BSE Website:
- Go to the BSE IPO Status page: BSE IPO Status (https://www.bseindia.com/investors/appli_check.aspx.)
- Click for the drop down option
- From the drop-down option, choose the issue name
- Select “NTPC Green Energy” from the drop-down list of companies.
- Enter your application number or PAN number to check your allotment status.
- Make Sure that the information you provide are correct and same on all your documents.
- On KFin Technologies (Registrar) Website:
- Visit the KFin IPO Status page: KFin IPO Status (https://ipostatus.kfintech.com/)
- Choose NTPC Green Energy IPO.
- Enter your PAN number.
- Click on Search to view the status.
- Make Sure that the information you provide are correct and same on all your documents.
NTPC Green Energy IPO: What Major Brokerage Firms Recommended
Bajaj Broking finds it “a pure long-term investment opportunity”. Anand Rathi gave “subscribe for long term” rating to this IPO. Geojit Securities assigned a “subscribe” rating for the issue on a long-term investment basis. Indsec Securities assigned a “Subscribe for Long-Term” rating to the issue. SBICAP Securities recommended subscribing to the IPO at the cut-off price.
(Also Read: NTPC Green Energy IPO: Subscription Begins Tomorrow – Here’s What You Should Not Miss)
