NTPC IPO : NTPC FPO from government
Government is planning to launch NTPC FPO / IPO this fiscal. Government plans to divest 10% this year to raise funds to meet disinvestment plans. FM has announced that IPO will go through only in favourable markets. Recent IPO from Government side like NHPC , OIL India have not done well recently.
Date should be announced soon before this month end . Price for retail investors should be at 5% discount to Trading price. National Thermal Power corporation gets 80% generation from Coal power and there is going to be an acute shortage of coal from Indonesia .
NTPC results were not so good too. Retail investors are cautious this time . Allotment details , Listing and other details will be put here soon.
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