Khulla Panga

NHPC Stock

NHPC Limited is a Mini-Ratna Category-I public sector undertaking and hydroelectric power generating company. The NHPC has decided to list its equity shares on the bourses on September 1, 2009. NHPC went public on 7th August 2009 with an issue of 164 crore equity shares of Rs. 10 each, of which, fresh issue was 112 crore shares, while, offer for sale was of 52 crore shares. Shares of NHPC limited listed on stock exchanges today. The IPO opened at 42.00 on NSE.

Instruction for Candidates
1. Both copies of Admit card to be brought at the time of the Admission test.
2. Candidates should bring their own stationery like pencils/pens/color pencils/geometry box etc.
3. Candidates should reach the venue 30 minutes before the schedule time to allow for the time to settle in.

NHPC IPS Allotments

NHPC IPO (National Hydro Power Corporation ) opens the issue IPO on August 7,2009. NHPC was subscribed 3.54 times on the first day. National Hydro Power Corporation NHPC IPO Allotment will be Complete through lottery basis and when taking in to account the number of applications received under the retail segment, investors have shown good interest in this. Candidate have received shares in NHPC IPO Allotment can definitely reap money on the listing day as the Grey Market premium of NHPC IPO is quoting around Rs. 10 to Rs.13. National Hydro Power Corporation IPO Allotment is expected in the last week of August.

The NHPC IPO was Sold by an incredible 56.71 times in the category of Non-Institutional Investors, 29.16 times in the QIB Category with Retail and Employees categories getting oversubscribed by 3.87 times and 0.57 times respectively

The Govt is Awaiting to sell as much as 55.9 crore NHPC shares besides the company making the fresh NHPC IPO. It would collect close to Rs 2,012 crore or about one third of total issue proceeds. The remaining Rs 4,000 crore would then go into the company for expansion requirements.

Listing Gains of NHPC IPO
National Hydro Power Corporation IPO Allotment can definitely make money on the listing day as the Grey Market premium of National Hydro Power Corporation IPO is quoting around Rs. 8 to Rs. 14.

Importatn details for NHPC IPO
Public Issue Open: August 7,2009 to August 12, 2009
Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
Public Issue Size: 1,67,73,74,015 Equity Shares of Rs. 10/-
Face Value: Rs. 10/-
Public Issue Price: Rs 30/- to Rs 36/-
Market Lot: 175 Shares
Minimum Order Quantity: 175 Shares
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing: BSE, NSE
Lead Manager: ENAM Securities, Kotak Mahindra & SBI Capital Markets Ltd
Registrar: Karvy Computershare Pvt Limited