The IPO listing of this Maharatna company took off fast on the BSE
IPO listing: The IPO of NTPC Green Energy, a subsidiary of NTPC, was listed on the stock market on Wednesday. NTPC Green Energy Limited is one of the Maharatna companies of the country. National Thermal Power Corporation Limited (NTCPCL) is the largest government company engaged in generation, transmission and distribution of electricity in the country. NTPC Green Energy's IPO was listed at a 3% gain from its issue price of Rs 108. 1,02,211.38 crore NTPC Green Energy's market valuation NTPC Green Energy Ltd's IPO was listed on the Mumbai Stock Exchange (BSE) with a gain of 3.33% at Rs 111.60. After this, it rose 12.40% to Rs.121.40. NTPC Green Energy's IPO opened at Rs 111.50, up 3.24% on the National Stock Exchange (NSE). With this, the market value of the company stands at Rs.1,02,211.38 crore. Meanwhile, NTPC shares were up around 2% at Rs 368.80 on the BSE. Also Read: Gold down Rs 2700 in two days, NTPC Green Energy's IPO subscription today down 2.40 times Last Friday, it was oversubscribed 2.40 times. The company's Rs 10,000 crore IPO was priced at Rs 102-108 per share. NTPC Green Energy is a 'Maharatna' Central Public Sector Undertaking whose division consists of renewable energy including solar and wind power assets. Also Read: Narayan Murthy's Infosys Gives Its Employees A Big Day As This Maharatna Company's IPO Gets Listed, Gets Off To A Fast Start On BSE