NTPC Green Energy shares hit a bumper market on the first day, listing with a 3% premium on BSE

 

NTPC Green Energy Share: The IPO of NTPC Green Energy, a subsidiary of the government company NTPC Limited (NTPC), has been listed in the stock market today. With the listing in the stock market, the company made profits to its investors.

NTPC Green Energy IPO Listing: The IPO of NTPC Green Energy, a subsidiary of government company NTPC Limited (NTPC), has been listed in the stock market today. With the listing in the stock market, the company made profits to its investors. The stock touched the upper circuit on the first day itself. After a 10 per cent jump, the company's share price reached Rs 122.75 on BSE. This is the company's upper price band. The shares of the company are trading at a premium of 13.66 per cent to the issue price.

List of NTPC Green Energy

NTPC Green Energy stocks had a sluggish listing in the market. The shares listed at Rs 111.60 per share on the BSE, a premium of 3.33 per cent to the IPO. At the same time, the company's listing on NSE was at Rs 111.50. However, after listing, the company's shares saw tremendous growth. Shares of the company jumped more than 13 pcs to Rs 122.75. NTPC Green Energy was priced at Rs 102 to Rs 108 per share. The company had created one lot of 138 shares. That is, investors have to bet at least Rs 14904. Since its listing is at Rs 111.60, it gave investors a profit of Rs 3.60 per share on the first day, although later the investors became rich due to the rise in shares.

Explain that the company had issued an IPO of Rs 10000 crore, the company will use the amount received from the IPO to complete various works. This amount will be used to reduce its debt in addition to investing in renewable energy. The company issued 92.59 crore fresh shares through the IPO. Please tell that this IPO was oversubscribed in this category. Its total subscription was about 2.4 times