URL copied to clipboard

Trending News

NTPC Green Energy Limited IPO likely to file its red herring prospectus today! Know more details!

Renewable Energy Sector Gears Up for a ₹10,000 crore IPO as SEBI grants approval. The prospectus is set to be filed shortly, with existing shareholders eligible for a quota.

NTPC Green Energy Limited, a subsidiary of NTPC Ltd, has received SEBI’s final approval for a Rs 10,000 crore IPO. The company plans to file its red herring prospectus soon, with shareholders of NTPC as of the RHP filing date eligible for the shareholder quota.

Alice Blue Image

The IPO is set to include reservations for eligible employees and offers a discount for bids within this segment. While the official IPO launch date is not yet announced, it is expected to open on November 18. The final price for the IPO will be disclosed in the upcoming days.

Also Read : NTPC Green Energy Ltd IPO: Know Date, Price, GMP and other Details!

Proceeds from the IPO will primarily fund investments in NTPC Renewable Energy Limited and general corporate purposes. NTPC Green Energy is recognized as a major renewable energy player in India, with a significant operational capacity and a robust pipeline of projects across multiple states.

Alice Blue Image

Also Read : EV stock falls 2% despite 39% revenue growth in Q2 – read more to know about the stock!

About the company:

NTPC Green Energy Limited, a subsidiary of NTPC Ltd, is set to launch a Rs 10,000-crore IPO. Specialising in renewable energy, it operates significant solar and wind projects across India, focusing on sustainable and utility-scale energy solutions for public and corporate sectors

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

Loading
Submit the form, and get to know how you scored!!!
Read More News
भारत के राष्ट्रपति ने Q2 में 2 स्टॉक्स में अपनी हिस्सेदारी घटाई; अभी अपना पोर्टफोलियो चेक करें!

2 स्टॉक्स जिन में भारत के राष्ट्रपति ने Q2 में अपनी हिस्सेदारी घटाई, क्या इनमें से कोई स्टॉक है आपके पास?

भारत के राष्ट्रपति ने Q2 FY24 में दो प्रमुख कंपनियों में अपनी हिस्सेदारी घटाई, जो निवेश रणनीतियों में संभावित

वैंगार्ड फंड ने कई कंपनियों में हिस्सेदारी खरीदी, जो फैशन, हेल्थकेयर और अन्य क्षेत्रों पर ध्यान केंद्रित कर रहा है।

वैंगार्ड फंड ने जिन स्टॉक्स में नई हिस्सेदारी खरीदी, जो ध्यान देने योग्य हैं।

वैंगार्ड फंड, एक विश्व प्रसिद्ध निवेश प्रबंधन कंपनी, दीर्घकालिक विकास के लिए कम-लागत वाले और विविध पोर्टफोलियो पर जोर देती