The NTPC Green Energy IPO has seen its grey market premium (GMP) dip to flat levels following the completion of allotment, a correction from its earlier premium of ₹0.80. The IPO, which aimed to raise ₹10,000 crore through fresh issues priced at ₹102-₹108 per share, attracted robust participation, with an overall subscription of 2.37 times. Retail investors were particularly active, oversubscribing their category by 2.54 times, while institutional investors showed more measured interest
Source:- bbc news
The allotment process concluded on November 25, and shares are expected to be credited to successful bidders by November 26. Listing on the NSE and BSE is scheduled for November 27. While the GMP decline indicates cautious sentiment in the grey market, the IPO’s strong fundamentals—such as its large renewable energy portfolio and future growth potential—continue to receive positive reviews from brokerages, suggesting a long-term investment appeal
Source:- news 18
As the IPO enters the secondary market, analysts advise monitoring early listing trends for indications of its performance. Investors should weigh its potential as a stable, long-term renewable energy play against short-term market fluctuations.
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