NTPC Green Energy IPO: GMP intact ahead of opening; top details from RHP

Quick Summary:

The company intends to use the net proceeds towards funding investments in its wholly owned subsidiary, NTPC Renewable Energy (NREL), for the repayment/prepayment, in full or in part, of certain outstanding borrowings by NREL.

NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise.

Kfin Technologies is the registrar for the NTPC Green Energy IPO, while the book-running lead managers include IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management.

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Category: BusinessFinance

Markets: India

Topics: Ntpc ipo details Ipo news NTPC Green Energy IPO news NTPC Green Energy IPO listing date NTPC Green Energy IPO news NTPC Green Energy IPO date NTPC Green Energy IPO details NTPC Green Energy IPO gmp Ntpc ipo gmp Ntpc ipo gmp NTPC Green Energy IPO gmp today NTPC Green Energy IPO allotment date Ipo grey market premium NTPC Green Energy IPO grey market premium

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Article Type: News Report

Published On: 2024-11-13 @ 13:43:10 (4 hours ago)

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News Source URL: business-standard.com

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