NTPC Green Energy IPO Allotment Today: Latest GMP, Steps to Check Status Online, and More
Applicants of the NTPC Green Energy IPO are eagerly awaiting the share allotment announcement, expected today, November 25, 2024. The IPO received strong investor interest and is set to debut on the stock market on Wednesday, November 27, 2024.
Ntpc Green Energy IpoIpo AllotmentGmpBseKfin TechnologiesReal Estate MumbaiNov 25, 2024
New Delhi Investors who applied to the NTPC Green Energy IPO are anxiously waiting for the share allotment announcement, expected today, November 25, 2024. Following the ‘T+3’ listing rule, the shares are scheduled to debut on the stock market on Wednesday, November 27, 2024.
How to Check NTPC Green Energy IPO Allotment Status
Once the allotment is finalized, applicants can check their status online through the BSE website or the official portal of KFin Technologies, the IPO's registrar.
NTPC Green Energy IPO How to Check Allotment Status on BSE
1. Visit the BSE Allotment Status Page.
2. Select ‘Equity’ as the issue type.
3. Choose ‘NTPC Green Energy Limited’ from the dropdown.
4. Enter your application number or PAN details.
5. Verify using the CAPTCHA and click ‘Search.’
6. Your allotment status will appear on the screen.
NTPC Green Energy IPO How to Check Allotment Status on KFin Technologies
1. Visit the KFin Technologies Allotment Page.
2. Choose ‘NTPC Green Energy Limited’ from the list.
3. Enter your Application Number, Demat Account, or PAN details.
4. Complete the CAPTCHA and hit ‘Submit.’
5. The allotment status will be displayed on the screen.
NTPC Green Energy IPO Latest GMP
In the grey market, NTPC Green Energy shares are showing signs of recovery. The Grey Market Premium (GMP) rose to Rs 4 on Monday, up from Rs 2 over the weekend. This indicates a positive sentiment among investors, although it's important to note that grey market prices can be volatile and may not reflect the actual listing price.
NTPC Green Energy IPO Category-Wise Subscription
The NTPC Green Energy IPO received strong investor interest, being subscribed 2.55 times by the end of the bidding process on November 22. Retail investors were the driving force behind the demand, oversubscribing their reserved portion by 3.59 times. Qualified Institutional Buyers (QIBs) followed closely, booking their category 3.51 times, while Non-Institutional Investors (NIIs) subscribed to 85 per cent of their allocated portion.
Information on NTPC Green Energy
NTPC Green Energy Limited is a subsidiary of NTPC Limited, India’s largest power company. The company is focused on developing and operating renewable energy projects, including wind, solar, and hybrid power plants. The IPO aims to raise funds for expanding its renewable energy portfolio and reducing the country's dependence on fossil fuels.
Why Invest in NTPC Green Energy IPO
1. Growth Potential The renewable energy sector in India is expected to grow significantly in the coming years, driven by government policies and increasing awareness about environmental issues.
2. Strong Parentage Being a subsidiary of NTPC Limited, the company has the backing of a well-established and financially strong parent company.
3. Diverse Portfolio NTPC Green Energy operates a diverse portfolio of renewable energy projects, reducing the risk associated with a single type of technology or location.
4. Sustainable Returns Investments in renewable energy projects can provide stable and sustainable returns over the long term.
5. Positive Environmental Impact Investing in renewable energy contributes to a greener future and aligns with global sustainability goals.
FAQs
1. When is the NTPC Green Energy IPO allotment expected?
- The NTPC Green Energy IPO allotment is expected today, November 25, 2024.
2. How can I check my NTPC Green Energy IPO allotment status?
- You can check your allotment status online through the BSE website or the KFin Technologies portal by following the steps mentioned in the article.
3. What is the Grey Market Premium (GMP) for NTPC Green Energy shares?
- The Grey Market Premium (GMP) for NTPC Green Energy shares rose to Rs 4 on Monday, up from Rs 2 over the weekend.
4. How much was the NTPC Green Energy IPO subscribed?
- The NTPC Green Energy IPO was subscribed 2.55 times by the end of the bidding process on November 22, with retail investors oversubscribing by 3.59 times.
5. What is the listing date for NTPC Green Energy shares?
- The shares are likely to debut on the stock market on Wednesday, November 27, 2024.
Frequently Asked Questions
When is the NTPC Green Energy IPO allotment expected?
The NTPC Green Energy IPO allotment is expected today, November 25, 2024.
How can I check my NTPC Green Energy IPO allotment status?
You can check your allotment status online through the BSE website or the KFin Technologies portal by following the steps mentioned in the article.
What is the Grey Market Premium (GMP) for NTPC Green Energy shares?
The Grey Market Premium (GMP) for NTPC Green Energy shares rose to Rs 4 on Monday, up from Rs 2 over the weekend.
How much was the NTPC Green Energy IPO subscribed?
The NTPC Green Energy IPO was subscribed 2.55 times by the end of the bidding process on November 22, with retail investors oversubscribing by 3.59 times.
What is the listing date for NTPC Green Energy shares?
The shares are likely to debut on the stock market on Wednesday, November 27, 2024.
Related News Articles
China's Auditing Crisis: The Big Four's Credibility Under Fire
The Chinese government is cracking down on the Big Four auditing firms, Deloitte, PwC, EY, and KPMG, amid concerns over their role in the Evergrande crisis and other financial scandals.
Hyundai Brings Hope to Maharashtra with Project H2OPE
Hyundai Motor India Foundation launches Project H2OPE in Gadchiroli, Maharashtra to address water scarcity issues
Real Estate Software Market Set to Boom: USD 7.2 Billion Growth Expected by 2028
The global real estate software market is expected to grow by USD 7.2 billion from 2024-2028, driven by growing middle-class population and AI-powered market evolution.
Sohna Road Housing Market Sees Significant Surge in Capital Appreciation and Rental Values
Sohna Road's housing market has witnessed a 54% capital appreciation and 40% rent rise since 2022, making it one of the top-performing micro-markets in Delhi-NCR.
Housing.com Launches Mega Home Utsav 2024: Aiding Over 53 Million Property Seekers
Housing.com, India's leading real estate app, is set to host its eighth annual Mega Home Utsav 2024, reaching over 53 million property seekers across 34 major cities. The event will feature exclusive property deals and incentives.
India's Prime Office Stock of Rs 4.5 Lakh Crore Tapped for REITs
India’s commercial real estate market is set to transform with Rs 4.5 lakh crore worth of prime office stock being offered to Real Estate Investment Trusts (REITs), according to a recent report.