NTPC Green Energy IPO : GMP ahead of listing indicates towards a soft debut for shares, close to the offer price
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4 months ago

NTPC Green Energy IPO : GMP ahead of listing indicates towards a soft debut for shares, close to the offer price

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NTPC Green Energy IPO: The Grey Market Premium of GMP indicates towards a lackluster debut of NTPC Green Energy shares on 27 November. NTPC Green Energy IPO GMP or Grey Market Premium The Grey Market premium or GMP for NTPC Green Energy IPO stands at +1.5. This also indicates that market participants are not expecting much listing gains since they are expecting NTPC Green Energy shares to list at ₹110, just 1.39% higher than the upper band of the issue price of NTPC Green Energy IPO at ₹109.50. NTPC Green Energy IPO- Size NTPC Green Energy IPO is a book built issue of ₹10,000.00 crores and involves entirely a fresh issue of 92.59 crore shares.

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