NTPC Green IPO Allotment: How To Check Status, Latest GMP, And Key Listing Updates

The NTPC Green IPO allotment process, expected to conclude on Monday, has garnered significant attention, with an overall subscription of approximately 2.4 times. The shares are set to be distributed through a lottery system, ensuring a fair allocation for investors. Scheduled to list on November 27, the IPO is currently trading at a grey market premium (GMP) of Rs 1.5.

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New Delhi: The share allotment for NTPC Green Energy’s initial public offering (IPO) is expected to be finalised on Monday, November 27. Investors will receive shares through a lottery-based system supervised by the IPO registrar, Kfin Technologies. On the allotment day, investors will know how many shares they have received compared to their bids.

The allotment status can be checked via the Bombay Stock Exchange (BSE) website or through the registrar’s website. NTPC Green Energy IPO: How To Check Allotment Status On BSE- Visit the BSE website: BSE IPO Application Status - Select the issue name: Choose "NTPC Green IPO" from the dropdown menu. - Enter details: Input your application number or PAN and click "Search.



" NTPC Green Energy IPO: How To Check Allotment Status On Registrar’s Website- Go to the Kfin Technologies portal: KFintech IPO Status - Select the IPO: Choose "NTPC Green IPO" from the list. - Enter PAN details: Provide your PAN and click "Search" to view the status. NTPC Green IPO GMPShares of NTPC Green are expected to list on November 27.

In the grey market, the stock is trading at a premium of Rs 1.5, a modest 1.4 per cent premium over the issue price.

NTPC Green IPO: Subscription StatusThe IPO saw a subscription of 2.4 times, indicating decent demand from investors. NTPC Green Energy IPO: Fund UtilisationThe proceeds from the IPO will be used for investing in NTPC Green's wholly-owned subsidiary, NTPC Renewable Energy, repaying debt, and meeting general corporate expenses.

All About NTPC Green EnergyNTPC Green Energy, a subsidiary of NTPC, is India’s largest public sector renewable energy company (excluding hydro) in terms of operating capacity and power generation. The company operates solar and wind power projects across six states, with a total operational capacity of 3,320 MW (solar: 3,220 MW, wind: 100 MW) as of September 2024. NTPC Green Energy IPO: FinancialsThe company’s revenue has grown at a compound annual growth rate (CAGR) of 46.

82 per cent, from Rs 910.42 crore in FY22 to Rs 1,962.6 crore in FY24.

Its profit after tax surged at a CAGR of 90.75 per cent, rising from Rs 94.74 crore in FY22 to Rs 344.

72 crore in FY24. NTPC Green Energy IPO: ManagersIDBI Capital, HDFC Bank, IFL Capital Services, and Nuvama Wealth Management are the lead managers for the IPO. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Companies, Business Economy and around the world.

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