The NTPC Green Energy IPO, targeting ₹10,000 crore, has seen robust interest, particularly from retail investors. The first day marked a 33% subscription rate, with retail oversubscribing 1.33 times.

The much-anticipated IPO of NTPC Green Energy is set to open for subscription today. Ahead of the issue, the company shares are trading at a muted grey market premium (GMP) of ₹1 in the unlisted market.

NTPC Green Energy, the renewable energy wing of the state-owned power company NTPC Limited plans to raise Rs.10,000 crore through an initial public offering (IPO) which will open for public subscription on Tuesday,

According to stock market observers, NTPC Green Energy Limited shares are available at a premium of ₹3 in the grey market today

The initial public offering (IPO) of state-owned NTPC Green Energy Limited is set to open on Tuesday, November 19.

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.

The subscription for the initial public offering (IPO) of NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, will begin tomorrow.

Unlisted shares of NTPC Green Energy Ltd trade at Rs 108.8 apiece in the grey market, which is only 0.74 per cent above the issue price of Rs 108 per share.

There has been significant anticipation in the market surrounding the Zinka Logistics Solution IPO and the NTPC Green Energy IPO. Analysts and brokerages have given both companies a "Subscribe" rating for the long term,

Valuation metrics indicate that at the upper price band of ₹108, NGEL is valued at FY24 EV/ EBITDA of 53.4x on post issue capital.