Before the NTPC Green Energy IPO opens for public subscription, here are the key insights from the company's Red Herring Prospectus (RHP) filed with the Securities and Exchange Board of India (Sebi)

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.

NTPC Green’s renewable energy capacity, including NTPC and NTPC Renewable Energy, stands at 3.34 GW of solar and 0.21 GW of wind. While 8.13 GW is under construction, the company has a pipeline of 10.57 GW of renewable capacity.

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.

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.

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 Ltd. is considering seeking a valuation of about $12 billion in what could be one of India’s biggest initial public offerings in the renewable energy industry, according to people familiar with the matter.