Today, i.e. November 22, is the last day to bid or subscribe for the NTPC Green Energy IPO. This IPO worth Rs 10,000 crore was fully subscribed on Friday. This stock, with a price band of ₹102 to ₹108 per share set by the company, will close today at 5:00 pm NTPC Green Energy IPO amid growing participation from retail investors At 10:31 am, the Rs 10,000 crore IPO was subscribed 1.04 times with bids for 58,12,19,292 shares, while They offered 56,01,58,217 shares.
According to the news, retail investors have shown the most enthusiasm so far: their shares have been subscribed 2.72 times. Non-institutional investors (NII) and QIB categories were subscribed 0.40 times and 0.79 times, respectively. NTPC Green Energy Limited (NGEL) is the renewable energy subsidiary of state-owned NTPC Limited.
how much is gmp today
According to Livemint News, NTPC Green Energy’s gray market premium (GMP) has been declining continuously since the opening of the IPO. NTPC Green Energy IPO GMP was at ₹3 on the first day of issue on November 19, but fell to ₹0.80 on the second day. Today the news is that NTPC Green Energy’s previous GMP has become zero. This indicates a flat or even negative quote. It is believed that the stock may have a flat start in the Indian stock markets. The listing will take place on November 27.
Latest business news
