NTPC Green Energy shares rose in their trading debut after it raised more than $1 billion in its initial public offering, becoming the latest Indian company to tap a buoyant equity market. Shares were recently at 122.

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

NTPC Green Energy shares surged 13.56% to Rs 122.65, delivering a strong gain from their issue price of Rs 108. Earlier, the stock had a subdued debut, listing at Rs 111.60 on the BSE and Rs 111.50 on the NSE,

NTPC Green Energy shares debuted on November 27 at ₹111.50, reflecting a modest premium. Despite a subdued start, the stock rose to ₹122.65, with analysts recommending a long-term investment strategy due to strong fundamentals in India’s renewable energy sector.

Shares of NTPC Green, which launched its initial public offering (IPO) for public subscription from November 19 to November 22, debuted on the stock exchange today at a 3.2% premium over IPO price. The stock debuted at Rs 111.

The IPO that came out with a price band of ₹102-108 received bids for 143.37 crore shares against 59.32 crore shares on offer. Shares of NTPC Green Energy will debut on stocks exchanges today.

Shares of the renewable energy arm- NTPC Green Energy, a subsidiary of the Maharatna utility company NTPC was scheduled to debut on bourses today. As expected the company made a muted debut listing at a price of Rs 111.6, up by a minor 3 per cent, while on the NSE it debuted at Rs 111.5 apiece.

NTPC Green Energy Shares Set to List on D-Street Today, November 27th: The NTPC Green Energy IPO, which opened for subscription on November 19 and closed on November 22, 2024, is set to list today. This ₹10,

NTPC shares rose 2.3%, while NTPC Green Energy debuted with a 3.25% premium. Experts recommend holding for long-term growth amid the company’s expansion into renewable energy and storage.