The IPO was an entirely fresh issue worth Rs 10,000 crore and opened on 19, 2024. Subscription closed on Friday, November 22, 2024. The price band for the Offer was determined at Rs 102 - Rs 108 per equity share.

NTPC Green Energy IPO oversubscribed 2.42 times, set to debut on Dalal Street with modest listing gains expected.

NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.

The $1.2 billion initial share offering of the renewable-energy arm of top Indian power producer NTPC Ltd. was fully sold on the last day of its sale as investors clamor for exposure to the rapidly expanding sector.

Once the share allocation is out, applicants can check their application status online by logging in at the BSE website or the official website of KFin Technologies

NTPC Green Energy's (NGEL) $1.2 billion initial public offering, India's third-largest in 2024, was fully subscribed on the final day of bidding on Friday, as investors bet on the country's growing clean energy needs.

The initial public offer (IPO) of state-run NTPC Green Energy was subscribed 2.39 times on final day of the subscription period, with the retail investor portion being booked 3.35 times. As per BSE data,

NTPC Green Energy – plans to use the proceeds from the IPO, about Rs 7,500 crore at the upper band, to repay or prepay part or all of its subsidiary NTPC Renewable Energy Ltd's (NREL) outstanding loans.

NTPC Green Energy, the renewable energy arm of state-owned NTPC , garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.