The NTPC Green Energy IPO, which opens on 19 November 2024, aims to raise \u20b910,000 crore. A large portion, around Rs. 1000 Crore, is reserved for NTPC shareholders. This reserved amount provides current NTPC shareholders with a chance to invest in the IPO. Let’s dive into the shareholder quota eligibility and other IPO details.<\/p>\n\n\n\n
Share ownership on the filing date of the RHP determines eligibility for the IPO. The RHP was filed on 13 November 2024, and any person holding even one share of NTPC Green will be eligible for the shareholders quota. However, they won’t receive a discount on the IPO price.\u00a0<\/p>\n\n\n\n
Any shareholder meeting these criteria can submit applications under the shareholder quota, which is not limited to just one application. If the shareholders meet other criteria, they are allowed to participate in different portions of the IPO. Applying through multiple methods will increase the chances of getting an allotment<\/p>\n\n\n\n
The NTPC Green IPO subscription will last until 22 November 2024, and the allotment is expected to be finalized by 25 November 2024. This IPO will be listed on the BSE and NSE, with the listing date fixed as 27 November 2024.<\/p>\n\n\n\n
From the IPO proceeds, Rs. 7,500 Crores will be used to repay the debts to its subsidiary NTPC Renewable Energy. In addition, 75% of the issue, excluding employees’ and shareholders’ portion, has been reserved for QIBs. 15% is reserved for non-institutional investors, and the remaining 10% is for retail investors.\u00a0\u00a0<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" The NTPC Green Energy IPO, which opens on 19 November 2024, aims to raise \u20b910,000 crore. A large portion, around Rs. 1000 Crore, is reserved…<\/p>\n","protected":false},"author":1,"featured_media":928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[58,34,28,59,51,32,57],"class_list":["post-923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-finance","tag-investment","tag-ipo","tag-ipo-news","tag-ipo-update","tag-ntpc","tag-ntpc-green-energy-ipo"],"_links":{"self":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/comments?post=923"}],"version-history":[{"count":3,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/923\/revisions"}],"predecessor-version":[{"id":929,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/923\/revisions\/929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media\/928"}],"wp:attachment":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media?parent=923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/categories?post=923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/tags?post=923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Category<\/td> Allocations<\/td><\/tr> Qualified Institutional Buyers (QIBs)<\/td> 75<\/td><\/tr> Retail Investors<\/td> 10<\/td><\/tr> Non-Institutional Investors (NIIs)<\/td> 15<\/td><\/tr> NTPC Shareholders<\/td> Rs. 1,000 Crores (Reserved with no price discount)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n