The much-awaited NTPC Green Energy IPO and two SME offerings

Delhi Delhi. The much-awaited NTPC Green Energy IPO will hit the primary market this week, aiming to raise Rs 10,000 crore. However, the SME IPO landscape is relatively quiet, with just two offerings expected to raise a combined Rs 160.27 crore. The NTPC Green Energy IPO will open on November 19 and close on November 22. The company plans to raise Rs 10,000 crore by issuing 92.59 crore fresh shares. The share allotment is expected to be finalised by November 25, while the listing on NSE and BSE is likely to take place on November 27. The price band has been set between Rs 102 and Rs 108 per equity share. The book-running lead managers for this IPO are IDBI Capital Market Services, HDFC Bank, IIFL Securities and Nuvama Wealth Management. The Jinka Logistics IPO, which opened on November 13, will close on November 18, aiming to raise Rs 1,114.72 crore. The issue comprises both fresh shares and an offer for sale. Allotments are expected by November 19, while listing on NSE and BSE is likely by November 21. The price band for the IPO is between Rs 259 and Rs 273 per equity share, with up to 26,000 shares reserved for employees at a discount of Rs 25 per share. Axis Capital, Morgan Stanley India Company, JM Financial and IIFL Securities are the book-running lead managers.

Lamosec India plans to raise Rs 61.20 crore through a fixed price IPO priced at Rs 200 per equity share. The IPO will offer 30.6 lakh fresh shares and will open on November 21 and close on November 26. Share allotments are expected to be finalised on November 27. Inventure Merchant Banker Services is the book-running lead manager, and KFin Technologies is the registrar.