NTPC Green Energy IPO Allotment On November 25; Where And How To Check Status Online? GMP, Listing Details

NTPC Green Energy IPO: The allotment of Rs 10,000 crore worth of initial public offering (IPO) of NTPC Green Energy is open on Monday, November 25, 2024, for investors. The process to check the status of your application is easy and can be done online via BSE, NSE and Kfin Technologies. The latest grey market premium (GMP) of NTPC Green Energy hints at a premium listing, however, at a single-digit.

NTPC Green Energy IPO Allotment Status:

There are three options to review the eligibility of your application. These are:

Kfin Technologies IPO Allotment Status:

To Check The Application Status Online, You Can Click On Below Mentioned Link Of Kfin Technologies:

https://kosmic.kfintech.com/ipostatus/

Step 1: Once the link opens, select the company name 'NTPC Green Energy Ltd' in the option 'Select IPO'.

Step 2: To view the status of your application, select either of three options: 'Application Number', 'Demat Account', or' PAN.'

Step 3: After entering either of the three options from Application, Demat Account or PAN number, you will be required to enter the captcha code which will be given right beside a small column. Once done, click on SUBMIT.

BSE IPO Allotment Status:

To Check the Application Status On BSE, Click On The Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 1: Here, you will have to select the 'Issue Type' which would be EQUITY.

Step 2: Select 'NTPC Green Energy Ltd' in the 'Issue Name' option.

Step 3: The third process is to add either 'Application No' or 'PAN number'.

Step 4: Finally click on SEARCH to review the status of your bidding in the IPO.

NSE IPO Allotment Status

To Check Your Application Status On NSE, Click On The Link Below:

https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jspb

As per the NSE website, to avail of this facility, the investor has to register one time by providing the PAN details. The user shall be able to view the details of the bids entered against the registered PAN number. However, first, they need to register on NSE. On registration, the investor will receive an email notification from NSE on the registered email address providing the login details.

NSE will also provide Allotment information as provided by the registrar to the issue.

NTPC Green Energy IPO GMP Today:

As per Investor Grain, NTPC Green Energy IPO last GMP is ₹3.50, last updated Nov 25th 2024 08:24 AM. With the price band of 108.00, NTPC Green Energy IPO's estimated listing price is ₹111.5 (cap price + today's GMP).The expected percentage gain/loss per share is 3.24%.

NTPC Green Energy IPO Details:

The IPO was an entirely fresh issue worth Rs 10,000 crore and opened on Tuesday, November 19, 2024. Subscription closed on Friday, November 22, 2024. The price band for the Offer was determined at Rs 102 - Rs 108 per equity share.

Since the IPO is an entirely fresh issue, NTPC Green Energy will utilise the entire proceeds from the offer. Of the total Rs 10,000 crore size, NTPC Green Energy plans to utilize about Rs 7,500 crore for investment in its wholly owned subsidiary, NTPC Renewable Energy Limited (NREL) for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL. The rest of the proceeds could be used for general corporate purposes or other development.

The IPO subscribed 2.42 times on the last day of subscription.

NTPC Green Energy IPO Listing Date:

Once the allotment of shares is finalised, investors will either receive the shares to their demat account or refunds by the end of November 26. Following this, the listing will take place on Wednesday, November 27, 2024.