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1.4x bids! NHPC OFS a successful show as retail investors subscribe for 3.8 crore shares

On Thursday, NHPC OFS received an overwhelming response from institutional investors, such that the government decided to exercise the greenshoe option and sell an additional 1% stake in the renewable energy major. ....

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nhpc stock update: Govt to sell 2.5% stake in NHPC via OFS; floor price set at Rs 66/share

The government proposes to sell an additional 100,450,348 shares, representing 1% of the total paid up capital of the company, in case of an oversubscription. The OFS will open for subscription to institutional investors on Thursday, and for retail investors on Friday. ....

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