NTPC Green Energy GMP: Unlisted shares of NTPC Green Energy Ltd are currently trading in the gray market at Rs. 111.5 which is trading at Rs. 108 is 3.24% higher than the IPO issue price.
NTPC Green Energy IPO Allotment Today, GMP, Listing Date: The NTPC Green Energy IPO allotment is scheduled to be finalized on Monday, likely in the evening. Once allotted, investors will receive bank debit messages. They can also check the IPO allotment status online as well as on BSE and NSE websites Kfin Technologies‘Portal. its GMP The week ended marginally higher and currently stands at 3.24 percent, showing relatively flat Listed on 27 November.
The initial public offer, which was opened for public subscription between November 19 and November 22, garnered 2.55 times subscription for 1,42,65,50,988 shares as against 56,01,58,217 shares on offer. NTPC Green Energy IPO Price Band Rs. 102 and Rs. 108 was determined.
Shares of Swiggy are scheduled to list on both BSE and NSE on November 27.
The allotment status can be checked online on the websites of BSE and NSE as well as on the portal of Registrar Kfin Technologies Ltd.
NTPC Green Energy IPO GMP Today
According to market watchers, the unlisted shares of NTPC Green Energy Ltd are currently trading in the gray market at Rs. 111.5 which is trading at Rs. 108 over the IPO issue price of Rs. 3.5 or 3.24 percent is more. 3.24% GMP is marginally higher. than the 2.31% premium recorded on Friday and at zero on Thursday, indicating a muted listing or discount to the listing.
GMP is dependent on market sentiments and is subject to change. The ‘grey market premium’ represents the willingness of investors to pay more than the issue price.
NTPC Green Energy IPO: How to Check Allotment Status?
Once the IPO allotment is finalised, the status can be checked by following these steps:
1) Go to official BSE website via URL —https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, select ‘Equity’.
3) Under ‘Issue Name’, select ‘NTPC Green Energy Limited’ in the dropbox.
4) Enter your Application Number or Permanent Account Number (PAN).
5) Then, click on ‘I’m not a robot’ and hit ‘Search’ option to verify yourself.
Your share application status will appear on your screen.
You can also directly visit the portal of Kfin Technologies Ltd — And Check NTPC Green Energy IPO Allotment Status.
NTPC Green Energy IPO: More Details
Rs. 10,000 crore IPO is a purely fresh equity issue with no offer for sale (OFS) component. per share Rs. 102 and Rs. The public issue priced between 108 will be open for subscription from November 19 to November 22.
A day before the IPO, NTPC Green Energy raised Rs. 3,960 crore was collected.
The company used the proceeds to repay or prepay the loan of its subsidiary, NTPC Renewable Energy Limited (NREL). 7,500 crore, the remaining funds are earmarked for general corporate purposes.
NTPC Green Energy, a ‘Maharatna’ central public sector enterprise, has a renewable energy portfolio that includes solar and wind power assets.
The IPO is managed by IDBI Capital Markets & Securities, HDFC Bank, IIFL Capital Services (formerly IIFL Securities), and Nuwama Wealth Management as book-running lead managers.