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

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.

By 10:40 am, NTPC Green shares climbed further to Rs 120.80, signalling strong post-listing momentum. The upward movement in NTPC Green's share price defied expectations of a muted debut.

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.

NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.

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 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.