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NTPC Green Energy IPO: How to check allotment status online

NTPC Green Energy IPO: NTPC Green Energy’s initial public offering (IPO) to raise capital up to Rs 10,000 crore was completed on Friday with a total subscription of 2.4 times. At the end of the three-session bidding process, where shares were available for bidding at a price range of Rs 102-108 per share, the IPO received bids for 142.7 crore shares against 59.3 crore shares on offer, according to provisional exchange data. . Shares of NTPC Green Energy, the state-owned power company NTPC, are expected to be listed on the BSE and NSE on November 27, after the expected completion of the budget on Monday, the 25th.

NTPC Green Energy IPO: How to check allotment status

Here are the simple steps to check if the applicants have won the allotment under NTPC Green Energy IPO:

Through the BSE website, BSEIndia.com

Through KFin Technologies’ registrar portal

Here are a few important things you should know about NTPC Green Energy:

Registration Details

Here is how different categories of investors responded to the issue:

Investor Section Registration
Qualified institutional buyers (QIBs) 3.3 times
Non-institutional investors (NIIs) 81%
Retail individual investors (RIIs) 3.4 times
Employees 78%
Total 2.4 times

Issue price

Under the IPO, shares of NTPC Green Energy were available for bidding in a price band of Rs 102-108 per share at a multiple of 138, which translates to Rs 14,076-14,904 per lot.

Insights from Market guru Anil Singhvi

Optimistic about NTPC Green Energy, Zee Business Managing Editor Anil Singhvi suggested listing in the IPO from a long-term investment perspective.

Anchor Investors

Ahead of the IPO launch, NTPC Green Energy raised Rs 3,960 crore by issuing 36.7 crore equity shares to investors at Rs 108 each. Its investors include LIC, ICICI Prudential MF, SBI Life Insurance and HDFC Life Insurance.

What is NTPC Green Energy?

NTPC Green Energy is the umbrella company for green business initiatives of state-owned firm NTPC. NTPC Green Energy executes projects through organic and inorganic routes.

NTPC Green Energy aims to represent NTPC’s green energy journey to achieve its target of 60 GW by the financial year 2031-32.

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