NTPC Green Energy Ltd announced the price and other details for its initial public offering, which will open November 19, 2024, and close on November 22, 2024. The issue is aimed at raising about ₹10,000 crore to fund its ambitious renewable energy projects located across the country, mainly solar and wind power.
The IPO will also open up to QIBs, NIIs, and RIIs. The bidding for retail investors may be initiated with a minimum of 138 shares at an estimated ₹14,904 per share. Investors need to have their Demat accounts tied to their trading platforms if they want to apply. The company plans to list on November 27, 2024.
Such an IPO offers a good opportunity to invest in a fast growing renewable energy sector, supporting the strong financial and operational base of NTPC Ltd. The proceeds of this issue are slated to be used for further enhancing the renewable energy capacity of NTPC Green Energy.
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Tomorrow 21st Nov is celebrated as World Television Day!
As stated in Bhagavad Gita :
यज्ज्ञात्वा न पुनर्मोहं एवम्यस्यासि पाण्डव।
In this world, there is nothing so sublime and pure as transcendental knowledge.
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