NTPC Green IPO share allotment is expected to be finalized on Monday, with shares being allotted via lottery. The IPO received a subscription of nearly 2.4 times. Listing is anticipated for November 27, with an unofficial premium of Rs 1.5 in the unlisted market. Proceeds from the IPO will fund subsidiary investments, debt repayment, and general corporate purposes.
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This strength is underpinned by robust domestic demand, a sustained capex cycle, and relatively limited exposure to global shocks compared to developed markets.