Mon Nov 18 02:10:00 UTC 2024: ## NTPC Green Energy IPO Opens This Week

**New Delhi, November 18, 2024** – NTPC Green Energy, a subsidiary of NTPC Limited, is launching its Initial Public Offering (IPO) this week. Retail investors can participate in the IPO from November 19th to 22nd, 2024.

The IPO, valued at ₹10,000 crore, will see the company issuing fresh equity shares worth ₹925.9 crore. Share allotment is scheduled for November 25th, with the listing expected on November 27th, 2024. NTPC currently holds 100% stake in NTPC Green Energy.

The price band for the IPO is set at ₹102-₹108 per share, with a minimum lot size of 138 shares, requiring an investment of ₹14,904. Company employees will receive a discount of ₹5 per share. The IPO allocation is reserved at 75% for Qualified Institutional Buyers (QIBs), 10% for retail investors, and 15% for non-institutional investors.

While the IPO’s Grey Market Premium (GMP) reached ₹25 per share earlier, it has currently fallen to ₹1, reflecting the overall negative market sentiment.

**Disclaimer:** *This is not investment advice. The stock market involves risks. Consult with qualified experts before making any investment decisions.*

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