NGEL, which is the green energy arm of India's largest power generator, launched its IPO earlier in the day in a price band of ₹102-108 per share. The total offer size under the IPO is ₹10,000 crore.
Gurdeep Singh, chairman and managing director (CMD) of NTPC Ltd, said: "We were in discussion and everyone was saying expectations (regarding IPO price band) was much higher. But after the sentiments got changed, we moderated the band. We could have priced it higher."
This story is from the November 20, 2024 edition of Business Standard.
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This story is from the November 20, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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