Mon Nov 18 07:54:21 UTC 2024: ## NTPC Green Energy IPO to Raise ₹10,000 Crore Amidst Busy Week for Indian Markets

**Mumbai, November 17** – The Indian primary market is gearing up for a significant week, dominated by the highly anticipated ₹10,000 crore initial public offering (IPO) from NTPC Green Energy. The IPO will open on November 19th and close on November 22nd, offering 92.59 crore fresh shares at a price band of ₹102 to ₹108 per share. Allotment is expected on November 25th, with listing on the NSE and BSE anticipated for November 27th. IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management are managing the offering.

In contrast to the large-scale NTPC Green Energy IPO, the SME IPO market sees a relatively quiet week, with only two offerings totaling ₹160.27 crore.

Other IPOs scheduled for this week include:

* **BlackBuck:** Closing on November 18th, this IPO aimed to raise ₹1,114.72 crore through a combination of fresh shares and an offer for sale. Allotment is expected on November 19th, with listing on November 21st. The price band is ₹259 to ₹273 per share.

* **Lamosaic India:** A fixed-price SME IPO of ₹200 per share, aiming to raise ₹61.20 crore. It opens on November 21st and closes on November 26th.

* **C2C Advanced Systems:** Another SME IPO seeking ₹99.07 crore, opening on November 22nd and closing on November 26th. The price band is ₹214 to ₹226 per share.

Market analysts also highlight the upcoming Maharashtra state elections on November 20th as a significant factor influencing market sentiment this week. The election results, along with corporate earnings and foreign institutional investor (FII) flows, are expected to significantly impact investor confidence and overall market direction. A stable post-election government is anticipated to boost market growth.

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