IPO frenzy: Why promoters are rushing to list their subsidiaries
From Tata Motors and NTPC to HDFC Bank, Hero MotoCorp, and JSW group, top parent companies plan to list their subsidiaries in the near term.
From Tata Motors and NTPC to HDFC Bank, Hero MotoCorp, and JSW group, top parent companies plan to list their subsidiaries in the near term.
The renewable energy arm of NTPC had filed its IPO papers with the SEBI on September 18, 2024.
NTPC Green Energy has filed DRHP with the SEBI to raise ₹10,000 crore via IPO, which is touted to be India’s largest in 2024.
The JV agreement between the two PSUs is in line with the central government’s decarbonisation push towards a low carbon future and net zero emissions.