NTPC Green Energy's Rs 10,000 cr IPO gets fully subscribed on final day

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NTPC Green Energy's Rs 10,000 cr IPO gets fully subscribed on final day - Business Standard

Quick Summary:

The initial public offering of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got fully subscribed on the third day of the share sale on Friday.

The Rs 10,000-crore share sale received bids for 60,68,16,774 shares, as against 59,31,67,575 shares on offer, translating into 1.02 times subscription, as per NSE data till 11:27 hours.

The quota for Qualified Institutional Buyers (QIBs) fetched 75 per cent subscription, while the non-institutional investors part got subscribed 42 per cent.