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NTPC Green sets price band of Rs 102-108 per share for IPO worth $1.2 bn

Business Standard LogoBusiness Standard7h ago

NTPC Green sets price band of Rs 102-108 per share for IPO worth $1.2 bn - Business Standard

Quick Summary:

The renewable energy company's IPO will open for bids on Nov.19 and close on Nov.

The blue-chip Nifty 50 index has fallen 9% from its record high on Sept.27 as marquee companies logged their worst quarter in over four years, in terms of market expectations, and as foreign investors pulled out funds.

India's IPO market is booming, but recent large IPOs -- including from Hyundai Motor India and Swiggy , the two biggest this year -- have had a tepid response from investors amid a slide in the stock market.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:41:32 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23565884

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "NTPC Green sets price band of Rs 102-108 per share for IPO worth $1.2 bn" was covered 7 hours ago by Business Standard, a news publisher based in India.

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