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3 min read | Updated on November 26, 2024, 11:11 IST
SUMMARY
NTPC Green Energy IPO allotment status finalised: Shares of NTPC Green Energy Ltd, the renewable energy unit of NTPC, will be listed on the BSE and the NSE on Wednesday, November 27.
NTPC Green Energy is a 'Maharatna' central public sector enterprise with a renewable energy portfolio, including wind and solar power assets.
NTPC Green Energy IPO allotment status was finalised for the successful bidders on Monday, November 25, following the company's ₹10,000 crore initial public offering. The renewable energy firm's equity shares are proposed to debut on the National Stock Exchange (NSE) and the BSE on Wednesday, November 27.
The IPO of NTPC Green Energy, the renewable energy arm of NTPC, was oversubscribed 2.40 times on Friday, the final day of the three-day share sale.
Allottees have also received a message saying, "Dear investor, successful allotment of 138 shares at ₹108.00 to application no: XXXXXX for NTPC Green. For details, please visit your registered mailbox. Regards, BSE Team."
One can also check the share allotment status on the BSE website.
NTPC Green Energy shares will be listed on the BSE and the NSE on Wednesday, November 27.
The initial share sale, with a price band of ₹102-₹108 per share, was a completely new offering of equity shares. The money generated will be utilised to clear a subsidiary's debt and general corporate purposes.
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