The initial public offering of NTPC Green Energy Ltd, the renewable energy arm of NTPC, subscribed 2.42 times on the closing day of the share sale, on Friday.

The shares of NTPC Green Energy are set to debut on Dalal Street today (November 27). While the IPO garnered strong interest from retail investors, the current grey market premium (GMP) indicates a potentially subdued listing.

The renewable-energy arm of state-controlled power company NTPC raised 100 billion rupees in the offering.

The Grey Market Premium of GMP indicates towards a lackluster debut of NTPC Green Energy shares on 27 November. The allotment for the Initial public offering has already been finalised on 26 November 2024.

NTPC Green Energy IPO allotment today,. Check here the direct link to check status online, GMP price and know other key details

NTPC Green Energy IPO allotment today, GMP, subscription status live updates: The issue included an employee reservation of 19.41 million shares, which were offered to them at a discount of Rs 5 to the issue price.

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.

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.

NTPC Green, Waaree Energies, Hyundai Motor India, among 50 companies whose shares will go through the IPO lock-in exit period; check the full list here

NTPC Green Energy’s IPO debuted on November 27 at ₹111.5 on NSE, a 3.2% premium over the issue price. The IPO, valued at ₹10,000 crore, saw strong demand, closing 2.55 times oversubscribed, with retail investors booking 3.