NTPC Green Energy IPO Sees Strong Retail Interest

CosmicTaco · 2024-11-22T16:35:51.282339+05:30

- NTPC Green Energy IPO subscribed 93% on day 2, with retail investors leading at 2.38 times the shares offered. - Qualified institutional buyers (QIBs) subscribed to 75% of available shares, while non-institutional investors (NIIs) booked 34%. - The IPO, valued at ₹10,000 crore, aims to repay loans and fund corporate purposes, with a price range of ₹102-₹108 per share. Source: [Mint](https://www.livemint.com/market/ipo/latest-ipo-news-today-on-november-22-2024-live-updates-11732226127464.html), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/ntpc-green-ipo-subscribed-93-on-second-day-of-offer/articleshow/115536134.cms), [Mint](https://www.livemint.com/market/ipo/ntpc-green-energy-ipo-subscribed-93-on-day-2-of-issue-retail-investors-bid-highest-latest-gmp-here-11732202236788.html)

NTPC Green Energy IPO subscribed 93% on day 2, with retail investors leading at 2.38 times the shares offered.
Qualified institutional buyers (QIBs) subscribed to 75% of available shares, while non-institutional investors (NIIs) booked 34%.
The IPO, valued at ₹10,000 crore, aims to repay loans and fund corporate purposes, with a price range of ₹102-₹108 per share.

Source: Mint, The Times Of India, Mint