NTPC Green Energy made a decent debut on the Indian stock market on Wednesday, November 27. The company’s shares made their market debut on the National Stock Exchange (NSE) at Rs 111.50 per share, marking a 3.24% premium over the IPO price of Rs 108. The shares listed on the Bombay Stock Exchange (BSE) at Rs 111.60 per share, a 3.33% premium to the IPO price.

NTPC Green Energy’s share price continued its upward momentum for the second day in a row, surging nearly 5% on Thursday, following its listing on the exchanges.

As of 1:00 PM, the company’s share are trading at Rs 125.05 apiece, up 2.42%.

• Shares of the company closed at a price of Rs 122.10 apiece.
• The intraday high for the company’s share stood at Rs 127.55 apiece, whereas the intraday low stood at Rs 116.25 per share.
• 52-week high for the NTPC Green Energy’s share is Rs 127.55 apiece.
• 52-week low for the NTPC Green Energy’s share is Rs 111.60 apiece.
• The total market capitalisation of the company is Rs 1,04,528.62 crore.

NTPC Green Energy: All Details

The Rs 10,000 crore IPO involved the issuance of 92.59 crore new shares, with a price range of Rs 102 to Rs 108 per share. NTPC Green Energy competes with peers such as Adani Green Energy and ReNew Energy Global PLC, among others.

The company’s IPO garnered a robust response, attracting bids worth 2.40 times the shares on offer during its three-day subscription period. Retail investors showed keen interest, oversubscribing their allocated portion by as much as 3.39 times. Similarly, qualified institutional buyers (QIBs) displayed strong interest, subscribing 3.32 times their allocated quota. In contrast, non-institutional investors (NIIs) showed relatively muted interest, subscribing only 81% of their allocated quota, marking a significantly lower participation level compared to other investor groups. Notably, the company’s IPO was opened for subscription from Nov 19 to Nov 22.

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