NTPC Green Energy has successfully raised Rs 3,960 crore through its anchor book ahead of its Rs 10,000-crore IPO, which is set to open for subscription on November 19 and close on November 22.

The IPO will consist entirely of fresh equity shares, with no offer-for-sale component, and the price band has been established at Rs 102-108 per share.

The company has allocated 36,66,66,666 equity shares to anchor investors at the upper price of Rs 108 per share.

Notable global institutional investors participating in the anchor book include New World Fund, International Growth and Income Fund, Goldman Sachs, Morgan Stanley, New York State Teachers Retirement System, Government of Singapore, Monetary Authority of Singapore, T Rowe, Abu Dhabi Investment Authority, and BNP Paribas.