NTPC Green Energy parent PSU NTPC how to check IPO allotment status

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NTPC Green Energy IPO: NTPC Green Energy's archetypal nationalist connection (IPO) to rise up to Rs 10,000 crore concluded connected Friday with an wide subscription of 2.4 times. At the extremity of the three-session bidding process, wherein shares were disposable for bidding successful a terms set of Rs 102-108 per share, the IPO received bids for 142.7 crore shares against the 59.3 crore shares connected offer, according to provisional speech data. The banal of NTPC Green Energy, a subsidiary of state-run powerfulness procreation steadfast NTPC, is acceptable to beryllium listed connected banal exchanges BSE and NSE tentatively connected November 27, aft the expected finalisation of allotment connected Monday, 25.

NTPC Green Energy IPO: How to cheque allotment status

Here are elemental steps to cheque whether applicants won allotment nether the NTPC Green Energy IPO: 

Through the BSE website, BSEIndia.com 

Through registrar KFin Technologies' portal

Here are a fewer important things to cognize astir NTPC Green Energy: 

Subscription Details

Here's however antithetic categories of investors responded the the issue:  

Investor Category Subscription 
Qualified organization buyers (QIBs) 3.3 times
Non-institutional investors (NIIs) 81%
Retail idiosyncratic investors (RIIs) 3.4 times
Employees 78%
   
Total 2.4 times

Issue Price

Under the IPO, NTPC Green Energy shares were disposable for bidding successful the terms set of Rs 102-108 per stock successful multiples of 138, which translates to Rs 14,076-14,904 per lot. 

Market guru Anil Singhvi's views

Holding a affirmative presumption connected NTPC Green Energy, Zee Business Managing Editor Anil Singhvi had suggested subscribing to the IPO from a semipermanent concern perspective.

Anchor Investors

Prior to the motorboat of the IPO, NTPC Green Energy raised Rs 3,960 crore by issuing 36.7 crore shares to anchor investors astatine Rs 108 apiece. Its anchor investors included LIC, ICICI Prudential MF, SBI Life Insurance and HDFC Life Insurance.

What is NTPC Green Energy?

NTPC Green Energy is the umbrella institution for state-run powerfulness procreation steadfast NTPC's greenish concern initiatives. NTPC Green Energy undertakes projects done integrated and inorganic routes.

NTPC Green Energy aims to beryllium the flag-bearer of NTPC’s greenish vigor travel to execute its ambitious people of 60 GW by the fiscal twelvemonth 2031-32. 

Catch each the latest stock marketplace updates here. For each different quality stories successful buzzing categories ranging from exertion and automobiles to idiosyncratic finance, visit Zeebiz.com.

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