NTPC Green Energy IPO allotment has been finalised on Monday November 25. If you have subscribed to the initial public offering of the state-owned renewable energy player, you can check the allotment status on the official websites of Bombay Stock Exchange (BSE), NSE, or KFin Technologies, the registrar for the issue.
The shares of NTPC Green Energy IPO will hit the bourses - BSE and NSE on Wednesday, November 27.
The refund will be initiated on November 26.
NTPC Green Energy GMP today
The grey market premium (GMP) for the NTPC Green Energy IPO stood at Rs 3.50 as of November 25.
NTPC Green Energy expected listing price
If the current grey market trends prevails, the NTPC Green Energy shares may list around Rs 111.50, representing a premium of Rs 3.50 or 3.24 per cent over the upper band of the issue price.
NTPC Green Energy IPO over subscribed
The NTPC Green Energy IPO, offered at a price band of Rs 102 - Rs 108 with a lot size of 138 shares, received bids for 1,43,37,68,664 shares against the 59,31,67,575 shares offered. This has led to an oversubscription of 2.42 times by the close of the subscription period on November 22.
The highest demand was from Retail Individual Investors (RIIs), who subscribed to 3.44 times the quota reserved for them. Qualified Institutional Buyers (QIBs) followed with 3.32 times more bid than the quota they were allocated, and Non-Institutional Investors (NIIs) subscribed to 0.81 times.
The portion reserved for employees and shareholders received subscriptions of 0.80 times and 1.60 times, respectively.
Steps to check NTPC Green Energy IPO allotment status
To check your NTPC Green Energy IPO allotment status online without hassle, keep your PAN card handy.
Step 1: Login to the official website of either BSE, NSE, Kfin Technologies (scroll below for direct link)
Step 2: Select ‘Equity’ among the issue types
Step 3: Choose ‘NTPC Green Energy Limited’
Step 4: Correctly provide your application number or PAN card details
Step 5: Tap on ‘Search’
Step 5: Your NTPC Green Energy IPO allotment status will be displayed on the screen.
Direct link to check NTPC Green Energy IPO allotment status
On BSE - https://www.bseindia.com/investors/appli_check.aspx
On Kfin Technologies - https://ipostatus.kfintech.com/
With inputs from agencies.