NTPC Green Energy's $1.2 billion initial public offering, India's third-largest in 2024, was fully subscribed on the share sale's final day on Friday, as investors bet on the country's growing clean energy needs.

The NTPC Green IPO allotment process, expected to conclude on Monday, has garnered significant attention, with an overall subscription of approximately 2.4 times. The shares are set to be distributed through a lottery system,

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,

NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.