NTPC Green Energy IPO Day 3 Live Updates: Issue subscribed 2.34x on final day led by QIBs; retail category booked 3.2 times

The portion reserved for shareholders received 2.34 times subscription, while the category for retail individual investors (RIIs) was subscribed 3.22 times. The quota for non-institutional investors attracted a 76% subscription, and the qualified institutional buyers' part was booked at 3.3 times.

• Shareholders quota: 1.33 times
• Retail investors: 3.01 times
• Non institutional investors: 0.56 times
• Qualified Institutional Buyers: 2.59 times
• Overall subscription: 1.93 times

Today is the last day to apply for the NTPC Green Energy IPO. The allotment of shares will likely be finalised on November 25.

NTPC Green Energy IPO sailed through on the final day of the subscription. At 11:00 am on Day 3, the IPO received an overall subscription of 1 times led by the retail and shareholder categories. The retail portion booked 2.63 times, while the shareholders category subscribed 1.13 times.

Interested investors can bid for at least one lot size or 138 shares valued at ₹14,904.

• Subscription period: November 19 to November 22
• Allotment: November 25
• Credit of Shares: November 26
• Listing: November 27

• NTPC Green Energy IPO price band: The price band has been fixed at ₹102-₹108 per share.
• NTPC Green Energy IPO lot size: Investors can bid for at least one lot consisting of 138 shares worth ₹14,904.
• Reservation: The company has set aside 75% of the net issue for qualified institutional buyers (QIBs), 15% for non-institutional investors, and the remaining 10% for retail investors.
• Objective: The money raised will be used to invest in the company's subsidiary NTPC Renewable Energy Ltd (NREL) to clear debt and for general corporate purposes.
• Allotment date: The allotment of shares will likely be finalised on November 25.
• Listing date: The company's shares will be listed on the National Stock Exchange (NSE) and the BSE on November 27.

• Shareholders quota: 1.09 times
• Retail investors: 2.56 times
• Non institutional investors: 38%
• Qualified Institutional Buyers: 75%

Till end of day 2, shareholder quota was subscribed 1.01 times. Today is the last day to apply for the IPO.

NTPC Green Energy IPO will close for subscription today. Till end of day 2, renewable energy IPO was subscribed 0.93 times with strong interest from retail investors. The retail portion of the IPO booked 2.38 times, the NII segment had been subscribed 0.34 times, and the QIB segment had been booked 0.75 times.