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NTPC Green Energy Ltd – Complete Detail

NTPC Green Energy Ltd IPO

A subsidiary of NTPC Ltd., focusing on renewable energy (solar and wind power)

Investments in renewable energy projects, debt repayment, and general corporate purposes.

You can apply for the NTPC Green Energy IPO through your broker or directly on the stock exchange websites (BSE or NSE).

NTPC Green Energy Ltd: IPO

Open: 19 Nov, 2024
Close: 22 Nov, 2024

FV : ₹10
Price : ₹102 – ₹108

Market Lot : 138 Shares
App Amt : ₹14,904

Size : ₹10,000 Cr (Approx)
Fresh : ₹10,000 Cr (Approx 92.59 Cr Shares)
OFS : NIL

QIB : 75% (Approx ₹6,600 Cr – 61.11 Cr Shares)
HNI : 15% (Approx ₹1,320 Cr – 12.22 Cr Shares)
Retail : 10% (Approx ₹880 Cr – 8.14 Cr Shares)

Reservations:

Employee : ₹200 Cr – 1.94 Cr Shares
Shareholder : ₹1,000 Cr – 9.25 Cr Shares

Swiggy Listed. Now What. Trap Or Not

Swiggy shares are listed today, November 13, 2024, with a premium over its IPO price. It listed at Rs 420 on NSE, marking a 7.69% premium over its IPO price of Rs 390.

swiggy share price

What to Do After Swiggy’s IPO Listing

If you were allotted shares in the Swiggy IPO, Keep an eye on Swiggy’s stock price on the stock exchange. Use financial news and analysis to understand market trends and potential price movements.

If you believe in Swiggy’s long-term growth potential, you might consider holding the shares.  If you’re satisfied with the initial gains or have immediate financial needs, you can sell your shares on the stock market.

Entry level of Swiggy’s 

But in the short term, don’t enter if you are allotted to book profit at the 445 level, and if you want to go long, follow stop-loss to reduce your risk.

Do not enter at this level wait for 350 or 325 after you can enter or earn profit.

 

Nifty Future and Banknifty Future Trading Tips For Today

After the US election result, the US went up and UP, but the Indian share market is looking very bearish

Buy Nifty future Nov above 24000

for target 24150 – 25300….

stop-loss as you like

Sell Nifty future Nov below 23900

for target 23750 – 23600…

stop-loss as you like

Buy Bank Nifty future Nov above 51400

for target 51700 – 52000…

stop-loss as you like

Sell Bank Nifty future Nov below 51200

for target 50900 – 50600…

stop-loss as you like

1L into 670 Crore: Billionaire In One Day – New Record of Indian Share Market

1L into 670 Crore: Billionaire In One Day, What……, Say again, you can believes it, its not WhatsApp university News. Its true and it become history of Indian share market that 1L into 670 Crore: Billionaire In One Day.

The remarkable surge in the share price of Elcid Investments, a little-known small-cap stock that has now become India’s most expensive stock.

On October 29, Elcid’s share price skyrocketed by an unprecedented 66,92,535%, climbing from Rs 3.53 to Rs 2,36,250.

India's Most Expensive Share elcid investment

This incredible price increase has surpassed the previous record holder, MRF, which closed at Rs 1,22,576 per share.

The surge in Elcid’s share price followed a special call auction session on the Bombay Stock Exchange (BSE) aimed at discovering the fair value of holding companies

Elcid’s shares were valued at Rs 2.25 lakh during the auction, still significantly below the company’s impressive book value of Rs 5,85,225

Elcid Investments has also been generous in rewarding its shareholders with high dividends, with a dividend yield of over 708% in FY24.

India’s Most Expensive Share – New Record: Elcid Investment Limited

MRF is most expensive stock in our Indian Share Market but today its record is breaked by another player of share market that is Elcid Investments Limited
India's Most Expensive Share elcid investment

Why did Elcid Investment’s share price suddenly surge into lakhs?

The primary reason for the dramatic increase in Elcid Investments’ share price is SEBI’s new mechanism for price discovery of Investment Companies (ICs) and Investment Holding Companies (IHCs). This mechanism, implemented through a special call auction with no price bands, led to a significant increase in the stock’s valuation.

Some important points related to Elcid Investment

  • Price Surge: Elcid Investments’ stock price skyrocketed by over 66 million percent on October 29th, 2024, making it the most expensive stock in India.
  • SEBI’s Role: The dramatic price increase was triggered by SEBI’s new mechanism to improve price discovery for Investment Companies (ICs) and Investment Holding Companies (IHCs).
  • Valuation: Despite the significant price hike, Elcid Investments’ stock is still undervalued compared to its book value.
  • Financial Performance: The company reported strong financial performance in the June 2024 quarter, with significant growth in net profit and net sales.
  • Investment Strategy: Elcid Investments primarily invests in other companies, including a substantial stake in Asian Paints.
  • SEBI’s Circular: SEBI’s new circular aimed to improve the liquidity and fair price discovery of ICs and IHCs, leading to the special call auction for Elcid Investments.

What is the main source of income for Elcid Investments?

Elcid Investments primarily generates income through dividends from its investments in other companies, such as Asian Paints.

Is Elcid Investments undervalued or overvalued?

Based on its book value, Elcid Investments is still considered undervalued, even after the significant price increase.

What is the impact of SEBI’s new mechanism on Elcid Investments?

SEBI’s new mechanism has led to improved price discovery for Elcid Investments, resulting in a significant increase in its share price. This mechanism aims to provide a fairer valuation for the company’s stock.