The company’s prospects in the renewable energy space make it a suitable option for long term investors, say analysts.

The company received a total of Rs 15,406 crore from investors. The retail investors bid for 293 million shares against 81.48 million shares.

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

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.

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.

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.

Market analysts remain optimistic on the long-term outlook but expect a muted listing gain for the company's shares

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.

NTPC Green Energy IPO listing date has been fixed as 27 November 2024. NTPC Green shares will be available for trading starting 10:00 AM today. NTPC Green shares will be listed on the Indian exchanges in a special pre-open session during Wednesday's deals.

The latest surge follows NTPC Green Energy's announcement regarding the commercial operation of the first phase of its Shajapur Solar Project in Madhya Pradesh.