NTPC Green Energy’s initial public offering (IPO) is poised to open for public bidding on Dalal Street this week. The public offer will be opened for anchor bidding on Monday, November 18.

Employees, institutional, non-institutional, NTPC shareholders, and retail investors will be able to bid from Tuesday, which will be open till November 22. Notably, anchor investors can bid on.

NTPC Green Energy IPO consists of entirely fresh issue by the company, with no offer-for-sale component. The price band for the offer has been fixed at Rs 102-108 per share.

NTPC Green Energy Limited's initial public offering (IPO) raised around ₹3,960 crore from investors in its anchor round, according to the company's exchange filing on Monday.

NTPC Green Energy, the renewable energy arm of NTPC, raised Rs 3,960 crore from anchor investors ahead of its IPO, which opens for public subscription on November 19. The IPO, with a price band of Rs 102 to Rs 108 per share,

NGEL plans to commission 16 GW of solar capacity over the next three years, driving profitability, improving cash flows, and optimising costs through economies of scale, says management ahead of its Rs 10,

NTPC Green Energy IPO price band is set at ₹102 to ₹108 per share. At the upper-end of the price band, the company plans to raise ₹10,000 crore from the book-built issue which is entirely a fresh issue of 92.

NTPC Green Energy's IPO opens for public subscription from Tuesday, November 19, 2024, to Friday, November 22, 2024. Brokerages have weighed in on the offering, with recommendations as follows

NTPC Green Energy is all set to raise money through an initial public offering. Here’s everything you need to know about the IPO and the company.

The IPO valuation looks aggressive since the company is approaching the primary market in the initial stage of operations where capital expenditure (capex) is higher to build capacities while the benefit in terms of higher cash flows and profit will flow in subsequent years.