The stock was locked at its upper circuit level of Rs 142.10. At this price, it has gained 31.57 per cent compared to an issue price of Rs 108.

NTPC Green Energy shares will be in focus on December 26 this year as over 18.3 crore shares or 2% of the company's outstanding equity will be eligible for trade as its one-month shareholder lock-in period will end.

NTPC Green Energy shares were listed on November 27 at Rs 111.50 per share on the NSE, a premium of 3.24 percent over the IPO price of Rs 108 per share.

The renewable-energy arm of state-controlled power company NTPC raised 100 billion rupees in the offering.

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

The strong listing of NTPC Green (CMP: Rs 127, Market capitalisation: Rs 107688 Crore, Stock Rating: Overweight) hasn’t energised the stock of the parent company as much. As against the IPO price of Rs 102, the NTPC Green stock is trading at 125 a share.

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’s IPO debuted on November 27 at ₹111.5 on NSE, a 3.2% premium over the issue price. The IPO, valued at ₹10,000 crore, saw strong demand, closing 2.55 times oversubscribed, with retail investors booking 3.

If we project forward to FY28, NGEL's current portfolio of ongoing projects with 17GW will contribute fully to earnings, with around 55 per cent annual growth in operating profit over FY2024-28