India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) IPO, which is set to be the country's third-largest this year, a newspaper advertisement showed on Wednesday.

As part of its renewable energy push, NGEL is developing a green hydrogen hub at Pudimadaka in Andhra Pradesh and intends to commission grid-scale battery storage for round-the-clock power

India’s NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) initial public offering (IPO), a newspaper advertisement showed on Wednesday.

The company didn't offer more than 10% of the issue to retail investors. The NIIs can place their bids for 15% of the issue.

NTPC Green Energy has announced to launch its initial public offering (IPO) on Tuesday, November 19 and the bidding for the issue shall conclude on Friday, November 22.

Investors making bids for the NTPC Green Energy IPO can do so for one lot of 138 shares and in multiples of that thereafter.

India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) initial public offering (IPO), a newspaper advertisement showed on Wednesday.

NTPC Green Energy, a subsidiary of power generating firm NTPC, has announced the dates for its IPO. What Happened: The company filed its red herring prospectus (RHP) with the securities and markets regulator on Wednesday,