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NTPC Green Energy IPO Allotment Today: How to Check Status Online, GMP Updates, and More - Read Now

NTPC Green Energy IPO allotment date likely today. Applicants can check allotment status online via BSE or KFin Technologies. GMP rises to ₹2, boosted by market sentiment. The IPO saw 2.42x subscription, with retail and QIB segments leading demand.

 
NTPC Green Energy IPO Allotment Today: How to Check Status Online, GMP Updates, and More - Read Now

Much-awaited NTPC Green Energy IPO allotment is likely to come out today on 23rd November 2024. The three-day bidding process concluded last week, and the investors are eagerly waiting to know about their share allotment status. According to the market analysts, if there is no delay, then the listing is going to happen on 27th November 2024, as per the 'T+3' rule. If there is any delay, the allotment declaration is likely to be extended to early next week.

Here is a step-by-step tutorial on checking your allotment status in the NTPC Green Energy IPO, insights into Grey Market Premium (GMP), and an overview of the IPO's subscription.
 
NTPC Green Energy IPO GMP Today

The Grey Market Premium (GMP) for the NTPC Green Energy IPO has turned positive and is trading at ₹2 as of today. This is up significantly from what it was on Friday at ₹0. According to market analysts, this upward movement is due to a change in trend in the Indian stock markets. The Dalal Street pullback rally on Friday seems to have invigorated the unlisted stock market.

The GMP for NTPC Green Energy shares may rise further, where the bullish trend in the secondary market goes on. It reflects an increase in the confidence of the investors.

NTPC Green Energy IPO Subscription Status
The NTPC Green Energy IPO went in for a great response during the bidding process by the investors. The public issue got subscribed 2.42 times in total:
 

  • Retail segment : Subscribed 3.44 times
  • QIBs: Subscribed 3.32 times
  • NIIs: Subscribed 0.81 times

The retail segment accounted for the maximum subscriptions, and hence, interest from individual investors was highly visible.

How to Find NTPC Green Energy IPO Allotment Status Online
After the NTPC Green Energy IPO allotment is declared, the applicants can see their application status through two websites: BSE and the official registrar of the IPO being KFin Technologies. Here's how to do it:

1. Check Allotment Status through BSE
Follow these steps to check your allotment on the BSE website:

  1. Visit the direct BSE link: bseindia.com/investors/appli_check.aspx
  2. Select the 'Equity' option under issue type.
  3. Choose 'NTPC Green Energy Limited' from the dropdown list.
  4. Enter your application number or PAN card details.
  5. Verify by clicking 'I’m not a robot.'
  6. Click the 'Search' button.

Your NTPC Green Energy IPO allotment status will be displayed on your screen.

2. Check Allotment Status via KFin Technologies
Or you can check the status on the website of KFin Technologies:

  1. Direct Link: kosmic.kfintech.com/ipostatus
  2. Select IPO (NTPC Green Energy Limited) from the drop-down list.
  3. Enter your application number, DP ID/Client ID or PAN detail.
  4. Complete the CAPTCHA verification
  5. Click 'Submit.'

The allotment status will be displayed on the screen whether shares are allotted to your application.

NTPC Green Energy IPO Important Dates

  • Allotment Date: November 23, 2024 (Tentative)
  • Listing Date: November 27, 2024 (Tentative)

It is on investors' advice to keep a close eye on these dates and look at their allotment status immediately to prepare for listing.

Factors driving GMP and Market Sentiment
The resurgence in NTPC Green Energy IPO GMP is in line with the overall positive sentiment in Indian stock markets. Friday's rally in Sensex and Nifty created much confidence that impacts both primary and secondary markets. Analysts say that if the equity market sustains, then the performance would be much better when NTPC Green Energy shares list.

So What's Next?
The IPO received a good subscription, especially from the retail and QIB segments, while the GMP is also improving, which is likely to augur well for NTPC Green Energy on listing day. But when the listing process is going near to happening, market dynamics and secondary market trends should be watched by investors as well.

Therefore, following the steps for NTPC Green Energy IPO allotment status will keep the applicants updated and get ready for the next listing on 27th November 2024.

Also Read: Sensex Surges 1961 Points; Adani Stocks Recover as Markets Rally - Read Now

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