New Delhi: The government has fixed a price of Rs 36 a share for the allotment of shares in the initial public offer of NHPC, thus raising Rs 6,048 crore, of which one-third would go to the Centre as disinvestment proceeds and the rest would remain with the hydro power utility PSU. Accor…
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NHPC IPO oversubscribed seven times
Posted on: August 7th 2009 in Press Releases.
MUMBAI: State-run National Hydroelectric Power Corp’s (NHPC) initial public offer (IPO ) was oversubscribed a little over seven times, according to the data available with the National Stock Exchange (NSE) Friday. The company had offered 167.73 crore shares with a face value of R…
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