NTPC Green Energy's share price soared 10% to the upper circuit during intraday trade on Tuesday.  Shares of NTPC Green Energy rose 10 per cent to Rs 142.12 on the NSE on Tuesday. It was the first time NTPC Green Energy's shares hit Upper Circuit since its listing on November 27 last month. NTPC Green Shares settled at Rs 129.20 per share on Monday.

NTPC Green Energy Shares Surge 30% AGainst IPO Price

Shares of NTPC Green Energy Limited soared in 4 out of the last 5 trading sessions and it rose 31% against the IPO's issue price of Rs 108 after a sharp rally on Tuesday. Meanwhile, NTPC Green Energy Limited's market cap crossed the Rs 119,000 crore mark. NTPC Green Energy Limited has raised Rs 10,000 crore through its IPO.

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NTPC Green IPO Listing Details

NTPC Green Energy Ltd shares were priced at Rs 108 and the Shares were listed at Rs 111.50 on the NSE, with a minimal premium of over 3%. However, the stock rose another 10% to hit the upper circuit to close at Rs 121.65 on the day of listing. While on BSE, Shares of NTPC Green Energy listed at Rs 111.60 on the BSE and closed at Rs 122.10 with an increase on the day of listing.

NTPC Green Energy Subscription

The IPO of NTPC Green Energy Ltd was subscribed a total of 2.55 times to which IPO was subscribed 3.59 times by retail investors’ quota. At the same time, the employee category received 0.83 times as many subscriptions. In the NTPC Green Power IPO, the non-institutional investor (NII) quota was subscribed 0.85 times, while the qualified institutional buyers (QIB) category was subscribed 3.51 times.

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