
Mon Nov 25 07:53:07 UTC 2024: ## NTPC Green Energy IPO Oversubscribed, Allotment Expected Monday
**Mumbai, November 25, 2024** – The initial public offering (IPO) of NTPC Green Energy Limited is expected to finalize share allotments on Monday, following strong investor interest. The IPO was oversubscribed by 2.55 times by the close of bidding on Wednesday, November 22nd. Retail investors showed the most enthusiasm, subscribing 3.59 times their allotted shares, followed closely by Qualified Institutional Buyers (QIBs) at 3.51 times. Non-Institutional Investors (NIIs) showed less interest, with a subscription rate of only 0.85 times.
Investors can check their allotment status online through the BSE website or the Kfin Technologies Limited website, the registrar for the issue.
While the article includes instructions for checking the allotment status of a separate, unrelated IPO (Niva Bupa Health Insurance), the focus here is on the NTPC Green Energy IPO.
The grey market premium (GMP) for NTPC Green Energy currently stands at Rs 3.50, suggesting a potential listing price of Rs 111.50 (adding the GMP to the upper price band of Rs 108). This indicates a potential initial gain of 3.24% per share. Shares are expected to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 27th.