NTPC Green Energy IPO Closes with Strong Demand

The NTPC Green Energy IPO closed today with a 100% subscription, led by a strong demand from retail investors, who oversubscribed their portion by 2.64 times. However, the grey market premium (GMP) turned flat. Brokerages remain positive about the company’s long-term growth potential, recommending the IPO for investment. The share allotment is expected on November 25, and listing is scheduled for November 27.