The much-anticipated NTPC Green Energy IPO is moving ahead as its allotment process is set to be finalized by Kfin Technologies, the company’s registrar. Investors can expect refunds and share credits to be initiated on November 26.
IPO Timeline and Listing Details
The NTPC Green Energy IPO was open for subscription from November 19 to November 22. The listing of the shares on stock exchanges is scheduled for November 27, marking a significant milestone for the company.
Fundraising and Price Band
NTPC Green Energy successfully raised ₹10,000 crore through this IPO. The price band was set between ₹102 and ₹108 per equity share, making it an attractive proposition for investors looking to tap into the green energy sector.
Lead Managers for the Issue
The IPO was managed by prominent financial institutions, including IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management. Their expertise ensured a smooth process for the public offering.
With its strong focus on renewable energy, NTPC Green Energy aims to leverage the funds raised to accelerate its growth and contribute to India’s clean energy goals. Investors are eagerly awaiting the stock’s debut on November 27 to assess its market performance.
Keep an eye on the allotment updates and prepare for the company’s listing, which could potentially bring exciting opportunities in the green energy sector.
