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.

NTPC Green Energy made its debut on the stock market on Wednesday, November 27, with a somewhat lukewarm reception.

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,

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.

The stock got listed at Rs 111.60 on BSE, a premium of 3.33 per cent over its issue price of Rs 108. As the session progressed, the stock jumped 10 per cent to hit its upper price band of Rs 122.75 as compared to its listing price of Rs 111.

The much-awaited IPO was listed on6, 2024. Maharatna PSU NTPC-backed NTPC Green Energy debuted by more than 3% on BSE and NSE after its Rs 10,000 crore IPO was fully subscribed last week.

Shares of state-owned NTPC Ltd.'s renewable arm, NTPC Green Energy Ltd., listed on the BSE on Wednesday at Rs 111.60 apiece, a premium of 3.33% over the issue price of Rs 108 apiece. The stock listed at Rs 111.50 per share on the National Stock Exchange, marking a premium of 3.24%.

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.