NTPC Green Energy IPO: Check key dates, price band, and latest GMP

Posted on:
Key Points

NTPC Green Energy IPO: The IPO is positioned as one of the largest in India this year, alongside Hyundai Motor India Ltd. and Swiggy Ltd..

The anchor book will open for subscription on Monday.. NTPC Green Energy Ltd. is set to launch its eagerly awaited initial public offering (IPO) on Tuesday, aiming to raise Rs 10,000 crore through the issuance of approximately 92.6 crore shares...

The anchor book will open for subscription on Monday.. The price band for the IPO is set at Rs 102 to Rs 108 per share, valuing the company at Rs 91,000 crore at the upper end..

NTPC Green Energy Ltd. (NGEL), the renewable energy arm of NTPC Ltd., plans to expand its operations, including battery storage systems, hybrid energy projects, and a green hydrogen hub in Andhra Pradesh...

You might be interested in

Stocks to Watch: Adani Group, Paytm, SBI, Biocon, Vedanta, Delhivery

01, Mar, 23

The Indian stock market ended in the red for eight days in a row with Nifty breaking below the Budget day low, key support of 17,353. In the last eight sessions, Sensex has dropped 3.8% while Nifty has fallen 4%.

Mamaearth IPO: Snapdeal sharks hit jackpot, turn Rs 38 lakh into Rs 38 crore in 6 years

31, Oct, 23

Snapdeal co-founders Kunal Bahl and Rohit Kumar Bansal are among the two sharks who had acquired stakes in the digital-first beauty and personal care company at an average cost price of just Rs 3.21 per share in August 2017. At the upper price band of Rs 324, the duo stands to make an astounding profit of Rs 38.27 crore translating into a return of 9,993%.

Adani family to invest Rs 9,350 crore in Adani Green Energy

26, Dec, 23

The issuance is subject to the approval of regulatory and statutory authorities as well as the shareholders of the company at the Extraordinary General Meeting scheduled on 18 January 2024.

India Shelter Finance files for ₹1,800 crore IPO paper with Sebi

06, Aug, 23

Affordable housing finance company India Shelter Finance, which is backed by Westbridge Capital and Nexus Venture Partners, has filed preliminary papers with the capital markets regulator Sebi to raise ₹1,800 crore through an IPO

Adani Green Energy reports 3-fold increase in net profit at Rs974 cr in FY23

01, May, 23

The company's consolidated total income rose to Rs8,633 crore, up from Rs5,548 crore in FY2022

Vibrant Gujarat summit: Gautam Adani to invest $24 billion in Gujarat in five years

10, Jan, 24

The Adani Group's chairman, Gautam Adani, stated on Wednesday at the Vibrant Gujarat summit that the company plans to invest Rs 2 lakh crore ($24 billion) in the green and renewable energy sectors in the state of Gujarat over the course of the next five years. The Vibrant Gujarat summit kicked off on Wednesday.

Why JSW Energy’s equity dilution move at the parent level makes sense

05, Apr, 24

The only argument in favour of dilution at JSW Neo Energy would have been that the green energy generation companies are commanding higher valuation versus the fossil fuel-based energy generation companies.

Adani Green Energy Q4 net profit surges four-fold to Rs 507 crore

01, May, 23

For the fiscal year 2002-23, the consolidated net profit of the company nearly doubled to Rs 973 crore, from Rs 489 crore in the previous financial year.

RBZ Jewellers shares hit 20% upper circuit for second consecutive day, rally over 110% in just 12 days

11, Jan, 24

The company's shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stock's current market price of ₹211 apiece, it is trading 111% higher than its issue price.