NTPC Green Energy Limited, established in April 2022, is a fully owned subsidiary of NTPC Limited. The company specializes in renewable energy projects, pursuing both organic and inorganic growth strategies.
The NTPC Green Energy IPO will be open for subscription from November 19, 2024, to November 22, 2024. The final allotment of shares is expected to be confirmed by Monday, November 25, 2024.
The price band for the NTPC Green Energy IPO is set between ₹102 and ₹108 per share. The minimum lot size for applications is 138 shares, requiring a minimum investment of ₹14,904 from retail investors.
IPO Schedule:
| IPO Open Date | November 19, 2024 |
| IPO Close Date | November 22, 2024 |
| Allotment | November 25, 2024 |
| Initiation of Refunds | November 26, 2024 |
| Credit of Shares to Demat | November 26, 2024 |
| Listing Date | November 27, 2024 |
Review for NTPC Green Energy IPO:
Investors should subscribe to the IPO with a long-term perspective, rather than aiming for short-term listing gains. The share price has the potential to double over the next three years.
Source: Zee Business
Disclaimer:
The information provided is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a qualified advisor before making investment decisions. Investing carries risk, including potential loss of principal. Past performance is not indicative of future results.
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