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

Delhi-based NTPC Green Energy is selling its shares in the price band of Rs 102-108 apiece. Investors can apply for a minimum of 138 shares and its multiples thereafter.

Following a Rs 10,000-crore IPO that was subscribed 2.42 times, NTPC Green Energy made its stock market debut on Wednesday.

NTPC Green Energy IPO Allotment Status Today: NTPC Green Energy Ltd (NGEL) shares made a marginal higher debut on Wednesday, listing at a 3 per cent premium over the initial public offering (IPO) offer price of Rs 108 per share, on bourses.

The market capitalisation of NTPC's green energy division reached Rs 1 lakh crore on the same day that its shares were listed

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.

Backed by the Abu Dhabi Investment Authority (ADIA), the green energy arm of NTPC, one of the largest renewable energy public sector enterprises in India, saw its stock jump to Rs 122.65 per share on the NSE by 1pm local time, up 13.56% from a listing price of INR 111.50.

The $1.2 billion initial share offering of the renewable-energy arm of top Indian power producer NTPC Ltd. was fully sold on the last day of its sale as investors clamor for exposure to the rapidly expanding sector.