NTPC Green Energy’s shares faced a sharp dip of nearly 6% in early Thursday trading, dropping to ₹125.20 on the BSE. The sell-off comes as the one-month lock-in period for anchor investors expired, unlocking 1.83 crore shares, representing a 2% stake in the company, for trading. Despite this unlock, it’s important to note that the expiration of a lock-in period simply allows trading eligibility and doesn’t imply that all shares will be sold immediately. NTPC Green Energy, listed on November 29, saw a modest market debut at ₹111.5 on the NSE—just 3.2% above its issue price of ₹108. On the BSE, it began trading at ₹111.6, marking a 3.33% premium. Since then, the renewable energy stock has risen over 23% from its issue price and nearly 19% from its listing price. The IPO, held between November 19-22, raised ₹10,000 crore via fresh equity shares at a price band of ₹102-108 per share. Preceding this, the company secured ₹3,960 crore from anchor investors. The offering drew strong interest, with 2.55 times subscription and bids for 142.65 crore shares against 56 crore on offer.