NTPC Green Energy IPO: The much-anticipated NTPC Green Energy IPO, a subsidiary of Maharatna public company NTPC, failed to garner much interest on its first day of bidding, November 19, 2024. The IPO remains open for registration till November 22, 2024, and from the beginning. four-day bidding process.
NTPC Green Energy IPO Day 1 Bidding Status
According to data from the BSE website, the IPO received total bids of 19,48,57,24 shares, accounting for 0.33 percent or 0.33 times compared to the total issued size of 9,80,39,215 shares in the bid its first. the process of the day.
Here’s how NIIs, RIIs, QIBs, and shareholders are showing interest on the first day of bidding:
- Non Institutional Investors (NIIs): He has subscribed for 16 percent or 2,00,58,576 shares
- Retail Individual Investors (RIIs): Oversubscribed with bids of 11,51,68,038 shares or 133 percent
- Shareholder’s share: It witnessed a muted response with bids for 5,59,85,496 shares or 57 percent
- Qualified Institutional Buyers (QIBs): It showed a small participation of 87,906 shares on the first day.
Details of NTPC Green Energy IPO: Issue Size, Price Band, and Lot Size
At a price band of Rs 102-108/share the company has launched an IPO with an issue size of Rs 10,000 crore. Lot size of NTPC Green Energy IPO is 138 shares.
NTPC Green Energy IPO | Date of allotment
The allotment date of NTPC Green Energy IPO is fixed on November 26, which means applicants can check their status on November 26.
NTPC Green Energy IPO | Date of Listing
The stock of NTPC Green Energy will start showing next week on Wednesday, November 27, 2024.
Important Details of NTPC Green Energy IPO; BRLMs and Official Registrar
- Lead Book Managers (BRLMs): BRLMs: IDBI Capital Markets & Securities, HDFC Bank, IIFL Capital Securities, Nuvama Wealth Management
- Official Registrar: KFin Technologies Ltd
Despite high expectations, the first day’s performance of NTPC Green Energy IPO highlights a lackluster start. The next three days will reveal whether investor sentiment improves with this Rs 10,000 crore public offering.
