Next week, three IPOs will be launched in the stock market, with the government-owned company NTPC Green’s IPO being particularly in focus.
Experts predict that this IPO could break all subscription records. The price band for NTPC Green’s 10,000 crore IPO is set between 102-108 rupees. In addition, two SME companies-Lamosac India and C2C Advanced Systems-will also be launching their IPOs. Let’s take a look at the key details of these IPOs and why they could be a golden opportunity for investors.
NTPC Green IPO: India’s Largest Renewable Energy IPO
NTPC Green Energy has set a price band of 102-108 rupees for its 10,000 crore IPO, which will open for subscription on November 19. The company aims to use the proceeds from the issue to expand its renewable energy portfolio and for other corporate purposes. With solar and wind energy projects across several states, the company ensures diversity and stability in energy production.
SME IPOs: Lamosac India and C2C Advanced Systems
Lamosac India’s SME IPO, worth 61 crore rupees, will open on November 21 with a price of 200 rupees per share. Meanwhile, C2C Advanced Systems will launch its IPO on November 22, with a price band of 214-226 rupees per share. Both IPOs are expected to offer good returns for investors.
