NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has filed a draft red herring prospectus ("DRHP") dated 18th September, 2024, with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited in respect of its proposed initial public offer (IPO) of equity shares, subject to receipt of requisite approvals, market conditions and other considerations.
NGEL is proposing to undertake an IPO of its equity shares of face value of Rs.10/- each (Equity Shares), comprising a fresh issue of Equity Shares aggregating up to Rs. 100,000.00 million.
The IPO includes a reservation for subscription by eligible shareholders of NTPC Limited and eligible employees of NTPC Limited and the subsidiaries of NGEL.
Shares of NTPC Limited was last trading in BSE at Rs. 424.00 as compared to the previous close of Rs. 413.85. The total number of shares traded during the day was 1958351 in over 58268 trades.
The stock hit an intraday high of Rs. 431.85 and intraday low of 420.30. The net turnover during the day was Rs. 835340610.00. |
