The much-awaited IPO of NTPC Green Energy is set to be finalised today, with allotment messages being sent to investors. The grey market premium has seen a slight increase over the weekend, with the stock currently trading at a premium of 2.78%. The listing date is scheduled for November 27 and interested investors can check the official IPO allotment status on various platforms such as BSE, NSE, and Kfin Technologies. Additionally, the allotment status can also be checked easily by following certain steps.
NTPC Green Energy IPO Allotment Finalized: Here's What You Need to Know
The highly anticipated initial public offering (IPO) of NTPC Green Energy Limited, a subsidiary of state-owned NTPC Limited, reached its culmination today with the finalization of allotment. This marks a significant milestone in the company's journey towards unlocking value for investors and becoming a leading player in India's renewable energy sector.
Key Details:
Allotment Status:
Investors who had applied for the NTPC Green Energy IPO can now check their allotment status on the following platforms:
Grey Market Premium:
The grey market premium (GMP) for NTPC Green Energy shares has remained relatively stable over the weekend. As of today, the stock is trading at a premium of 2.78%, indicating a listing price of around Rs. 254 per share.
Frequently Asked Questions (FAQs):
1. How can I check the NTPC Green Energy IPO allotment status?
You can check your allotment status on the BSE, NSE, or Kfin Technologies websites using your PAN number or application number.
2. When is the listing date for NTPC Green Energy shares?
The listing date for NTPC Green Energy shares on the NSE and BSE is November 27, 2022.
3. What is the Grey Market Premium (GMP) for NTPC Green Energy shares?
As of November 17, 2022, the GMP for NTPC Green Energy shares is 2.78%.
4. What is the size of the NTPC Green Energy IPO?
The NTPC Green Energy IPO raised a total of Rs. 5,543.55 crore.
5. What is the company's plan with the proceeds from the IPO?
NTPC Green Energy plans to use the proceeds from the IPO to fund its expansion plans, including the development of new renewable energy projects and the acquisition of existing assets.
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