Shares of the renewable-energy arm of top Indian power producer NTPC Ltd. are set to start trading Wednesday after a $1.2 billion offering, testing investor appetite for one of the biggest listings before the year-end.

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 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.

(Reuters) -Shares of India's NTPC Green Energy, the renewable energy arm of power producer NTPC surged 11.9% in trading debut on Wednesday as investors bet on the country's growing clean energy needs.

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.