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NTPC Green Energy debuts with 3.34% premium on the BSE

27 Nov 2024 Evaluate

NTPC Green Energy has debuted at Rs 111.60 on the BSE, up by 3.6 points or 3.34% from its issue price of Rs 108. 

The scrip is currently trading at Rs 122.75, up by 14.75 points or 13.66% from its issue price. 

It has touched a high and low of Rs 122.75 and Rs 111.60 respectively. So far 161.68 lakh shares were traded on the counter.

The offering, which was open for subscription between November 19, 2024 and November 22, 2024 was subscribed 2.42 times. The issue price was fixed at Rs 108 per share i.e. at upper end of price band of Rs 102-108 apiece.

NTPC Green Energy is a wholly-owned subsidiary of NTPC. It is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.


Peers
Company Name CMP
NTPC 330.95
Tata Power 371.45
Adani Power 209.55
Power Grid Corpn. 267.25
Adani Energy Solut. 1367.70
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