NTPC shares jump 4% after renewable arm files IPO to raise ₹10,000 cr
NTPC Green Energy has filed DRHP with the SEBI to raise ₹10,000 crore via IPO, which is touted to be India’s largest in 2024.
NTPC Green Energy has filed DRHP with the SEBI to raise ₹10,000 crore via IPO, which is touted to be India’s largest in 2024.
Ahead of opening of the IPO, shares of Bajaj Housing Finance were commanding a GMP of 81% in the grey market. The GMP of Tolins Tyres and Kross was 13.27% and 20.83%, respectively.
Newly listed entities Ceigall India, Unicommerce, FirstCry, Interarch Building, and Orient Technologies to see one-month lock-in period expiring in September.
The listing of ECOS India was below the market expectations as the stock was commanding a GMP of ₹126 per share, or 37.7%, over the IPO price.
The listing of shares of Premier Energies on the domestic bourses is the third-best in 2024, after Vibhor Steel Tubes (181.5%) and BLS E-Services (129%).
The ₹600 cr IPO of Interarch Building Products will open for subscription between August 19-21, while the tentative listing date is August 26.
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.
Ahead of listing, Akums Drugs shares were commanding a GMP of ₹43 apiece in the unofficial market, indicating the listing price to be around ₹722.
Around 41 companies, including Hyundai, Ola Electric, Bajaj Housing Finance and Swiggy, look to raise ₹81,930 crore via the IPO route.
Pune-based Emcure Pharmaceuticals and Ghaziabad-based Bansal Wire Industries to launch their public issues this week; Ambey Laboratories to open in the SME segment