IPO of state-owned NTPC’s unit would be the nation’s third-biggest inventory providing this 12 months.
NTPC Inexperienced Vitality has set a worth band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) preliminary public providing (IPO), a newspaper commercial confirmed on Wednesday.
The renewable vitality agency’s IPO will open for bids on November 19 and shut on November 22. Massive “anchor” buyers will bid on November 18.
The IPO of state-owned NTPC’s unit would be the nation’s third-biggest inventory providing this 12 months, behind Hyundai Motor India and Swiggy.
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