NTPC Green Energy IPO booked 2.4 times on final day, retail category subscribed 3.3x; check allotment and listing date

NTPC Green Energy IPO was oversubscribed over 2 times on the final day of subscription on Friday, November 22.

The mainboard issue received bids for more than 142.64 crore shares against the 59.31 crore shares on offer, leading to an overall subscription of 2.4 times. The subscription window for NTPC Green Energy IPO was open from November 19 to November 22.

NTPC Green Energy IPO was booked 3.39 times in the retail category, with bids for over 29.27 crore shares against 8.62 crore shares set aside for the segment. The shareholders’ quota of the public issue was booked 1.58 times, as shareholders of the parent company NTPC Limited placed bids for 15.46 crore shares compared to the 9.8 crore reserved for them.

The investors, who applied for the renewable energy company’s shares, are waiting for the allotment status of the issue to be finalised. NTPC Green Energy IPO share allotment status is likely to be finalised on Monday, November 25.

NTPC Green Energy IPO share allotment status can be checked on the official website of the registrar, Kfin Technologies Limited. The share allotment status of NTPC Green Energy IPO can also be checked on the BSE and NSE websites.

Steps to check NTPC Green Energy IPO share allotment status on NSE

• Go to the NSE IPO allotment status page through this link: www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Type in your credentials such as username and password (First time users will need to create a fresh login id to proceed)
• Choose ‘NTPC Green Energy Limited’ from the drop-down menu
• Type in PAN details
• Type in your IPO application Number
• Click on the ‘I am not a Robot’ checkbox
• Click the ‘Submit’ button

Alternatively, investors can also check NTPC Green Energy IPO share allotment status on the BSE website by entering PAN details and IPO application number.

Steps to check NTPC Green Energy IPO share allotment status on the Kfin Technologies:

• Go to the IPO allotment status page of Kfin Technologies website using this link: https://ris.kfintech.com/ipostatus/
• Select any one server link to check the IPO allotment status
• Choose ‘NTPC Green Energy Limited’ from the drop-down menu of IPO names
• Enter your details such as application number, PAN, DP/Client ID and Account number/IFSC
• Click on the ‘Submit’ button
• The allotment status will be shown on your screen

NTPC Green Energy IPO subscription details

The Non-Institutional Investors (NIIs) placed bids for 10.45 crore shares against 12.94, crore shares set aside for the category, leading to a subscription of 81%. The Qualified Institutional Buyers (QIBs) booked their quota 3.32 times. The QIBs applied for more than 85.84 crore shares against 25.88 crore shares reserved for them. Employees of the company subscribed their quota 78% as they applied for over 1.61crore shares compared to 2.06 crore shares set aside for them.

NTPC Green Energy IPO listing date

Subsequent to finalising the share allotment status, the company will initiate refunds for the unsuccessful bidders on Tuesday, November 26. Successful bidders will also receive shares of NTPC Green Energy IPO in their demat accounts on Tuesday. Shares of NTPC Green Energy will be listed on the NSE and BSE. The company’s shares are likely to make the market debut on Wednesday, November 27.

About NTPC Green Energy Limited

NTPC Green Energy Limited was incorporated in April 2022. The company is a wholly-owned subsidiary of state-owned power producer NTPC Limited. The company undertakes renewable energy projects through both organic and inorganic routes. NTPC Green Energy employed 234 people and 45 contract labourers as of June 30, 2024.