NTPC Green IPO: Does applying in shareholder quota boost allotment chance?

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NTPC Green IPO: Does applying in shareholder quota boost allotment chance? - Business Standard

Quick Summary:

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

NTPC Green Energy intends to utilise the net proceeds toward funding investments in its wholly-owned subsidiary, NTPC Renewable Energy (NREL), for the repayment or prepayment, in full or in part, of certain outstanding borrowings by NREL, as well as for general corporate purposes.

Shares of NTPC Green Energy are likely to make their market debut on or around Wednesday, November 27, 2024.