NTPC Green Energy IPO Allotment: How to Check Status Online via BSE and KFin Tech - All You Have To Know
NTPC Green Energy IPO Allotment: The much-anticipated NTPC Green Energy IPO allotment status is now available. Subscribers can check their allotment either via the BSE website or the KFin Technologies portal. With a price band of ₹102-₹108 and a lot size of 138 shares, the IPO garnered significant interest, being oversubscribed 2.42 times.
Key Details of NTPC Green Energy IPO
- Oversubscription: The IPO received bids for 1,43,37,68,664 shares against the 59,31,67,575 shares offered.
- Grey Market Premium (GMP): Shares are trading at a ₹4 premium, up from ₹2 earlier, reflecting improved investor sentiment.
- Listing Date: The shares are scheduled to list on November 27, 2024.
How to Check NTPC Green IPO Allotment Status
Through the BSE Website
- Visit the BSE website.
- Select ‘Equity’ as the issue type.
- Choose ‘NTPC Green Energy Limited’ from the dropdown menu.
- Enter your application number or PAN details.
- Verify by clicking on ‘I’m not a robot’.
- Click ‘Search’ to view your allotment status.
Through the KFin Technologies Website
- Go to the KFin Tech website.
- Select ‘NTPC Green Energy Limited’ as the IPO.
- Choose one of the options: Application Number, Demat Account, or PAN.
- Input the chosen detail.
- Enter the Captcha code.
- Click ‘Submit’ to display the allotment status.
Why the GMP Matters
The Grey Market Premium (GMP) for NTPC Green Energy shares is currently ₹4, an increase from ₹2 over the weekend. This uptick signals growing optimism in the stock’s performance as market trends reverse, boosting investor confidence. While GMP is not an official indicator, it often reflects the market sentiment ahead of the listing.
Investor Sentiment and IPO Performance
NTPC Green Energy’s IPO success can be attributed to its strong fundamentals and sectoral appeal. The oversubscription across categories indicates robust demand:
- Retail Investors: Enthusiastically participated, ensuring the retail portion saw significant oversubscription.
- Institutional Investors: Backed the IPO for its growth potential in renewable energy.
IPO Allotment Timeline and Listing
- Allotment Date: Likely to be finalized on November 27, 2024.
- Listing Date: Shares will debut on the NSE and BSE on November 29, 2024.
Investors who secure allotments stand to benefit from the listing premium, especially with the shares trading at a ₹4 GMP.
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