NTPC Green Energy IPO: Here's How You Can See Allotment Status Online

Investors can check their application status for the public listing online via the BSE website or the issue’s registrar, KFin Technologies, website

The issue is scheduled to make its debut in the stock market on November 27, 2024.

Source : KFinTech

The bidding window for the NTPC Green Energy IPO closed on Friday last week. Now, investors are eagerly awaiting the allotment announcement for the maiden issue. Most likely, the IPO’s share allocation status will be revealed on Monday.

Investors can check their application status for the public listing online via the BSE website or the issue’s registrar, KFin Technologies, website.

Here are the detailed steps to check the final status of their bids for applicants.

• Login directly to the BSE website at bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ in the Issue Type dropdown and ‘NTPC Green Energy Limited’ in the Issue Name menu.
• Enter your application number or PAN card details next and click on ‘I’m not a robot’ option.
• Click on the Search option and you can access your allotment details on the next screen.

To check the IPO status on the registrar’s website, here are the steps to follow.

• Login directly to the KFinTech website at https://ipostatus.kfintech.com/
• Select ‘NTPC Green Energy Limited’ from the ‘Select IPO’ dropdown menu.
• Now, you can choose to see the application status via your application number, PAN card, or your Demat account number.
• Fill in the selected details, enter the captcha, and click on Submit to access the status of your application on next screen.

Grey Market Premium

The NTPC Green Energy shares are trading at a tepid premium in the grey market ranging near Rs 3-4. The grey market premium is an indication of investors’ sentiments towards the issue and their expectations regarding the final listing. The weak GMP of NTPC Green Energy could mean a muted debut in the stock market, which is scheduled for November 27, 2024.

The grey market runs parallel to the official stock market and allows investors to place trades before an issue makes an official debut on the Dalal Street. A discount in the grey market means investors are not too keen on the listing, while a premium represents their confidence in the issue.

[Disclaimer: Investing in the stock market involves financial risks. Please invest responsibly and only after thorough research and careful consideration. Reader discretion is advised.]