Today i.e. 22nd November is the last day to bid or take subscription in the IPO of NTPC Green Energy. This IPO with value of ₹ 10,000 crore was fully subscribed on Friday. This share with the price band of ₹ 102 to ₹ 108 per share fixed by the company will close at 5:00 pm today. NTPC Green Energy IPO amid rising participation from retail investors As of 10:31 AM, the Rs 10,000 crore IPO was subscribed 1.04 times with bids for 58,12,19,292 shares, while 56,01,58,217 shares were on offer. Were.
According to the news, retail investors have shown the most enthusiasm so far, their shares have been subscribed 2.72 times. Non-institutional investors (NIIs) 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, the gray market premium (GMP) of NTPC Green Energy has been continuously decreasing since the opening of the IPO. NTPC Green Energy IPO GMP was at ₹3 on the first day of issue on November 19, but it dropped to ₹0.80 on the second day. Today the news is that the previous GMP of NTPC Green Energy has become zero. This indicates a flat or even negative listing. It is believed that the stock may have a flat start in the Indian stock markets. IPO listing will take place on November 27.
