NTPC Green IPO subscribed 93% on second day of offer
Thursday, 21 November 2024 ()
NTPC Green's IPO, priced at Rs 102-108 per share, saw a 93% subscription on its second day. Retail investors showed strong interest with 2.38 times subscription, while QIBs reached 75%. The company aims to raise Rs 10,000 crore to primarily repay loans of its subsidiary, NTPC Renewable Energy Ltd.
NTPC Green's IPO, priced at Rs 102-108 per share, saw a 93% subscription on its second day. Retail investors showed strong interest with 2.38 times subscription, while QIBs reached 75%. The company aims to raise Rs 10,000 crore to primarily repay loans of its subsidiary, NTPC Renewable Energy Ltd.
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