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NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know

NHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail investors and employees can now bid on June 3, 2026.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.comm.economictimes.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
m.economictimes.comStai leggendo2 g fa

NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know

NHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail…

originale
economictimes.indiatimes.com3 g fa

NHPC offer plugs into green energy appeal, more suited for patient play

Government sells 6% NHPC at ₹71/share with 3.5x institutional demand, signaling strong renewable energy momentum. NHPC's diversification into renewables amid geopolitical energy security focus offers patient investors steady long-term compounding, despite near-term equity dilution pressure.

Timeline cronologica

  1. martedì 2 giugno 2026·thehindubusinessline.com

    Government launches NHPC OFS to sell up to 6% stake at Rs 71 per share

    The government will sell up to a 6% stake in NHPC through an OFS at Rs 71 per share, aiming to raise about Rs 4,200 crore for FY27.

  2. martedì 2 giugno 2026·thehindubusinessline.com

    NHPC shares fall nearly 5% as Centre launches OFS at discount

    NHPC shares drop nearly 5% as government announces discounted offer for sale of 6% stake in the company.

Leggi questa versione → originale
thehindubusinessline.com3 g fa

NHPC shares fall nearly 5% as Centre launches OFS at discount

Government divested 6% NHPC stake at ₹71/share (8% discount), causing 4.6% stock decline and raising ₹4,200 crore. State asset divestiture signals PSU restructuring; reshapes IT spending and digital modernization priorities for India's public utilities.

Leggi questa versione → originale
  • martedì 2 giugno 2026·economictimes.indiatimes.com

    NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check details

    NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sale. The government plans to divest up to a 6 percent stake…

  • martedì 2 giugno 2026·economictimes.indiatimes.com

    NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe option

    The government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.

  • mercoledì 3 giugno 2026·economictimes.indiatimes.com

    NHPC offer plugs into green energy appeal, more suited for patient play

    NHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to 6% of its stake. The offer opened for…

  • mercoledì 3 giugno 2026·m.economictimes.com

    NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know

    NHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government…

  • giovedì 4 giugno 2026·thehindubusinessline.com

    NHPC OFS fully subscribed; government raises about ₹4,300 crore

    The government's NHPC offer for sale was fully subscribed, helping it raise about ₹4,300 crore and boost FY27 disinvestment proceeds.