tpc green energy ipo fully subscribed with strong retail interest

NTPC Green Energy's IPO has successfully completed its subscription period, achieving full subscription by the final day on November 22.

The offering attracted significant interest, with bids totaling 59.26 crore shares against 59.31 crore shares available.

The retail portion of the IPO saw robust demand, being subscribed 2.64 times, while the Qualified Institutional Buyers' segment was 75 percent subscribed.

Non-institutional investors showed a more modest interest, with a subscription rate of 39 percent.

Prior to the public offering, NTPC Green Energy raised Rs 3,960 crore from anchor investors, indicating strong institutional support for the renewable energy venture.

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