The subscription for the initial public offering (IPO) of NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, will begin next week.

The Initial public offering starts on 19 November. From financials to GMP, here are 10 Key things to know from the RHP

Before the NTPC Green Energy IPO opens for public subscription, here are the key insights from the company's Red Herring Prospectus (RHP) filed with the Securities and Exchange Board of India (Sebi)

NTPC Green Energy set a price band on Wednesday for its initial public offering (IPO), targeting a valuation of as much as $10.8 billion in what is set to be India's third-largest IPO this year, though analysts raised concerns on the "aggressive" pricing.

The ₹10,000-crore IPO of NTPC Green Energy Limited (NGEL) will open up for subscription on November 19, 2024, with a price band of ₹102-108 per share

As part of its renewable energy push, NGEL is developing a green hydrogen hub at Pudimadaka in Andhra Pradesh and intends to commission grid-scale battery storage for round-the-clock power

India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) initial public offering (IPO), a newspaper advertisement showed on Wednesday.

The company didn't offer more than 10% of the issue to retail investors. The NIIs can place their bids for 15% of the issue.

NTPC Green Energy will be the biggest IPO by a PSU since Life Insurance Corporation's ₹21,000-crore share sale in May 2022.

Investors making bids for the NTPC Green Energy IPO can do so for one lot of 138 shares and in multiples of that thereafter.