India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) IPO, which is set to be the country's third-largest this year, a newspaper advertisement showed on Wednesday.

The company set a price band of 102-108 rupees per share, aiming to raise 100 billion rupees ($1.19 billion) in the IPO, which trails only Hyundai Motor India and Swiggy in size this year. At the upper end of the range, NTPC Green, a unit of state-owned ...

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Investors making bids for the NTPC Green Energy IPO can do so for one lot of 138 shares and in multiples of that thereafter.

NTPC Green Energy has announced to launch its initial public offering (IPO) on Tuesday, November 19 and the bidding for the issue shall conclude on Friday, November 22.

About Rs 10,000 crore will come from the IPO, he said, adding that Rs 7,500 crore of the proceeds will go towards repayment of debt.

The company is offering fresh equities to the public worth Rs 10,000 crore totalling approximately 92.59 crore shares.

India’s NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) initial public offering (IPO), a newspaper advertisement showed on Wednesday.

The company didn't offer more than 10% of the issue to retail investors. The NIIs can place their bids for 15% of the issue.

The ₹10,000-crore IPO of NTPC Green Energy Limited (NGEL) will open up for subscription on November 19, 2024, with a price band of ₹102-108 per share

NTPC Green Energy, a subsidiary of power generating firm NTPC, has announced the dates for its IPO. What Happened: The company filed its red herring prospectus (RHP) with the securities and markets regulator on Wednesday,