#LatestNews⚡️ NTPC Green Energy shares surge 10% in their first upper circuit post listing Shares of NTPC Green Energy Ltd., the recently listed subsidiary of state-run NTPC Ltd. are locked in a 10% upper circuit on Tuesday, December 3. This is the first upper circuit that the stock has seen post its listing on November […]
NTPC Green Energy IPO: Retail portion fully subscribed; Overall issue sees 24% bidding – CNBC TV18
The ₹10,000-crore initial public offering (IPO) of NTPC Green Energy Ltd., a wholly owned subsidiary of NTPC Ltd., a ‘Maharatna’ central public sector enterprise, was fully subscribed by retail investors within hours of opening for bidding on Tuesday, November 19. The IPO saw bids for 14.09 crore shares, reflecting a 0.24 times subscription rate overall, […]
NTPC Green Energy raises ₹3,960 crore from anchor investors ahead of IPO opening – CNBC TV18
Promoted by NTPC Ltd., NTPC Green Energy Ltd. has raised ₹3,960 crore from anchor investors ahead of its initial public offering (IPO), which opens on Tuesday. The company informed the exchanges that it allocated 36.66 crore equity shares at ₹108 per share on November 18 to anchor investors. Foreign Institutions who participated in the anchor […]
Trade Setup for November 19: Nifty bulls retain some hope despite close below 200-DMA – CNBC TV18
The Nifty index recorded its seventh consecutive day of losses on November 18, marking its longest losing streak since February 2023. The index closed 0.34% lower, shedding 78.9 points to settle at 23,453.8, slipping below its 200-day moving average (DMA) of 23,556. The Nifty IT index fell sharply by 2.3%, as comments from Federal Reserve […]
NTPC Green Energy fixes dates, price band for ₹10,000 crore IPO — More details here – CNBC TV18
NTPC Green Energy Ltd., the green energy unit of state-run NTPC Ltd. has fixed the price band for its ₹10,000 crore IPO, which is set to open next week. The company has fixed the price band between ₹102 to ₹108 per equity share for the IPO, according to official data available. Investors can make bids […]
Maharatna NTPC arm signs MoU with Rajasthan govt for 25-GW renewable energy projects – CNBC TV18
NTPC on Monday, September 30, said its subsidiary company NTPC Green Energy Ltd signed a memorandum of understanding with the Rajasthan government for a 25-gigawatt renewable energy project. The memorandum of understanding was signed at the Rising Rajasthan Investor Meet in Delhi, the company said in an exchange filing. “On the occasion of Rising Rajasthan Investor […]
Will the NTPC Green Energy IPO result in a lower valuation for its parent? – CNBC TV18
NTPC’s wholly-owned subsidiary, NTPC Green Energy Ltd., has filed the draft red herring prospectus (DRHP) for an eventual public listing. According to brokerage firm Kotak Institutional Equities initial reading of the prospectus, the earnings for the green business are sub-par; it earned an EBITDA of ₹1,740 crore in FY24 on capacity of 2.9 GW and […]
NTPC Green Energy IPO likely in early November – CNBC TV18
NTPC Green Energy, the renewable energy arm of NTPC, is expected to launch its initial public offering (IPO) in the first week of November this year, sources confirmed to CNBC-TV18. The company plans to conduct roadshows in various locations across India and abroad, including Mumbai, London, US, Singapore, and other regions, to attract investments. Last […]
NTPC Green Energy IPO: Here are the key risk factors highlighted in the DRHP – CNBC TV18
NTPC Green Energy, a subsidiary of state-run NTPC Ltd., filed draft papers for a ₹10,000 crore initial public offering (IPO) on Wednesday. The company will only issue new shares, and existing shareholders will not sell any stake, according to the Draft Red Herring Prospectus (DRHP). Here are some of the risk factors that the company […]