{"id":4971,"date":"2024-11-13T12:08:06","date_gmt":"2024-11-13T06:38:06","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4971"},"modified":"2024-11-13T12:08:07","modified_gmt":"2024-11-13T06:38:07","slug":"ntpc-green-energy-sets-ipo-price-band-at-rs-102-108-eyes-1-2-billion-fundraising","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/ntpc-green-energy-sets-ipo-price-band-at-rs-102-108-eyes-1-2-billion-fundraising\/","title":{"rendered":"NTPC Green Energy Sets IPO Price Band at Rs 102-108, Eyes $1.2 Billion Fundraising"},"content":{"rendered":"\n<p>NTPC Green Energy, a subsidiary of NTPC, has set its IPO price range between Rs 102 and Rs 108 per share, aiming to raise approximately 100 billion rupees ($1.2 billion). This IPO is set to open for public bids from November 19 to November 22, with anchor investors bidding on November 18.<\/p>\n\n\n\n<p><strong>Highlights of NTPC Green IPO<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Price Band<\/strong>: Rs 102-108 per share<\/li>\n\n\n\n<li><strong>Total IPO Size<\/strong>: 100 billion rupees ($1.2 billion)<\/li>\n\n\n\n<li><strong>Bid Dates<\/strong>: November 19-22 (Anchor investors: November 18)<\/li>\n<\/ul>\n\n\n\n<p><strong>IPO Strategy and Market Context<\/strong><\/p>\n\n\n\n<p>The funds raised will support NTPC Renewable Energy in repaying debts and expanding renewable energy projects. The IPO comes at a time when India is focused on boosting renewable energy capacity to meet its 2030 clean energy targets.<\/p>\n\n\n\n<p><strong>IPO Market Outlook<\/strong><\/p>\n\n\n\n<p>India\u2019s IPO market has seen a mix of high expectations and cautious investor sentiment this year. Recent large IPOs from Hyundai Motor India and Swiggy saw lukewarm responses, influenced by the Nifty 50\u2019s recent 9% dip from its September highs due to foreign fund outflows and earnings pressures.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sup><sub>Source: <a href=\"https:\/\/www.business-standard.com\/markets\/ipo\/ntpc-green-sets-price-band-of-rs-102-108-per-share-for-ipo-worth-1-2-bn-124111300557_1.html\" target=\"_blank\" rel=\"noopener\">BS<\/a><\/sub><\/sup><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NTPC Green Energy, a subsidiary of NTPC, has set its IPO price range between Rs 102 and Rs 108 per share, aiming to raise approximately 100 billion rupees ($1.2 billion). This IPO is set to open for public bids from November 19 to November 22, with anchor investors bidding on November 18. Highlights of NTPC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[661],"class_list":["post-4971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ntpc-green-energy"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4971"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4971\/revisions"}],"predecessor-version":[{"id":4973,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4971\/revisions\/4973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4972"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}