NTPC Green Energy shares rose in their trading debut after it raised more than $1 billion in its initial public offering, becoming the latest Indian company to tap a buoyant equity market. Shares were recently at 122.

Delhi-based NTPC Green Energy is selling its shares in the price band of Rs 102-108 apiece. Investors can apply for a minimum of 138 shares and its multiples thereafter.

The Grey Market Premium of GMP indicates towards a lackluster debut of NTPC Green Energy shares on 27 November. The allotment for the Initial public offering has already been finalised and investors c

Shares of NTPC Green Energy Ltd surged 13% above the issue price, marking a strong debut on the stock market. The IPO, subscribed 2.40 times, aimed to raise Rs 10,000 crore, with proceeds designated for debt repayment and corporate purposes.

Shares of NTPC Green, which launched its initial public offering (IPO) for public subscription from November 19 to November 22, debuted on the stock exchange today at a 3.2% premium over IPO price. The stock debuted at Rs 111.

The company received a total of Rs 15,406 crore from investors. The retail investors bid for 293 million shares against 81.48 million shares.

The GMP for the NTPC Green Energy IPO stood at Rs 2 per share, as of 8:57 a.m. on Nov. 26, according to InvestorGain. This indicates that the company’s shares may list at Rs 110 per share, with a listing gain of 1.85%.

(Reuters) -Shares of India's NTPC Green Energy, the renewable energy arm of power producer NTPC surged 11.9% in trading debut on Wednesday as investors bet on the country's growing clean energy needs.

NTPC Green Energy's shares soared 14% on their trading debut, exceeding the target valuation. Driven by India's clean energy demand, the stock reached ₹121.35, up from the IPO price of ₹108. Experts view this as a promising long-term investment opportunity in the renewable energy sector,