NTPC Green Energy IPO: How to check allotment status online
Applied for NTPC Green Energy IPO? Heres how to check allotment onlineNTPC Green Energys IPO was open for subscription for three trading days from November 19 to November 22. If you applied for the initial public offer, you might be looking for ways to check whether you got the allotment. Here is how you can do it online in easy steps.
NTPC Green Energy IPO: NTPC Green Energy's initial public offer (IPO) to raise up to Rs 10,000 crore concluded on Friday with an overall subscription of 2.4 times. At the end of the three-session bidding process, wherein shares were available for bidding in a price band of Rs 102-108 per share, the IPO received bids for 142.7 crore shares against the 59.3 crore shares on offer, according to provisional exchange data. The stock of NTPC Green Energy, a subsidiary of state-run power generation firm NTPC, is set to be listed on stock exchanges BSE and NSE tentatively on November 27, after the expected finalisation of allotment on Monday, 25.
NTPC Green Energy IPO: How to check allotment status
Here are simple steps to check whether applicants won allotment under the NTPC Green Energy IPO:
Through the BSE website, BSEIndia.com
- Step 1: Visit the 'application check' page on the BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Step 2: Select NTPC Green Energy from the drop-down menu.
- Step 3: Enter your application number or PAN number to proceed.
Through registrar KFin Technologies' portal
- Step 1: Visit KFin Technologies' website: https://kosmic.kfintech.com/ipostatuswebsite https://kosmic.kfintech.com/ipostatus/
- Step 2: Select NTPC Green Energy.
- Step 3: Enter your PAN details and click 'search' to proceed.
Here are a few important things to know about NTPC Green Energy:
Subscription Details
Here's how different categories of investors responded the the issue:
| Investor Category | Subscription |
| Qualified institutional buyers (QIBs) | 3.3 times |
| Non-institutional investors (NIIs) | 81% |
| Retail individual investors (RIIs) | 3.4 times |
| Employees | 78% |
| Total | 2.4 times |
Issue Price
Under the IPO, NTPC Green Energy shares were available for bidding in the price band of Rs 102-108 per share in multiples of 138, which translates to Rs 14,076-14,904 per lot.
Market guru Anil Singhvi's views
Holding a positive view on NTPC Green Energy, Zee Business Managing Editor Anil Singhvi had suggested subscribing to the IPO from a long-term investment perspective.
Anchor Investors
Prior to the launch of the IPO, NTPC Green Energy raised Rs 3,960 crore by issuing 36.7 crore shares to anchor investors at Rs 108 apiece. Its anchor investors included LIC, ICICI Prudential MF, SBI Life Insurance and HDFC Life Insurance.
What is NTPC Green Energy?
NTPC Green Energy is the umbrella company for state-run power generation firm NTPC's green business initiatives. NTPC Green Energy undertakes projects through organic and inorganic routes.
NTPC Green Energy aims to be the flag-bearer of NTPC’s green energy journey to achieve its ambitious target of 60 GW by the financial year 2031-32.
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