The ₹10,000 crore IPO is a book-built issue comprising an entirely fresh issue of 925,925,926 shares. The price band for the IPO is ₹102108 per share, with a lot size of 138 shares. Retail investors will need a minimum of ₹14,904 to bid for one lot of 138 shares.
The subscription window closes on Friday. The basis of allotment will be finalised on Monday (November 25), and shares will be credited to demat accounts a day later. NTPC Green Energy shares are likely to be listed on the National Stock Exchange (NSE) and the BSE on next Wednesday.
According to the draft red herring prospectus, NTPC Green Energy plans to use the net proceeds for funding investments in its wholly owned subsidiary NTPC Renewable Energy (NREL) to repay or prepay certain outstanding borrowings, and for general corporate purposes.
Diese Geschichte stammt aus der November 19, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der November 19, 2024-Ausgabe von Business Standard.
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Over 370 flights delayed at Delhi Airport
More than 370 flights, including departures and arrivals, were delayed at the Delhi Airport on Monday until 2 pm due to dense fog and pollution.
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Benchmark Sensex declined by 241 points while broader Nifty fell for the seventh session in a row on Monday following a sell-off in IT and oil shares amid unabated foreign fund outflows and weak leads from the US markets.
Sebi orders altGraaf, two other platforms to cease operations
The Securities and Exchange Board of India (Sebi) on Monday issued a \"cease and desist\" order against three online bond platforms operating without registration with the stock exchanges.
MGL, IGL sink up to 20% after cut in priority gas allocation
Shares of city gas distribution (CGD) companies Mahanagar Gas (MGL) and Indraprastha Gas (IGL) plunged up to 20 per cent on the BSE on Monday after the central government further reduced the administered price mechanism (APM) allocation of domestic gas to them.
FPI under-owning gives India moat among EMs: CLSA MD
In a world less friendly for emerging markets (EMs), there is a case to up India's weight, CLSA's Managing Director and Chief Equity Strategist Alexander Redman said on Monday, asserting that the relative under-ownership of Indian equities by foreign investors gives the country an edge over its EM peers.
Aluminium stocks soar on China's tax rebate cut
The shares of aluminium manufacturers rallied on Monday on the back of a sharp rise in the price of the lightweight metal over the weekend, following China's announcement that it will withdraw export tax rebate for the commodity.
