Govt exercises OFS oversubscription for NHPC, total offer now 6% stake
NHPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts more than Nifty Midcap 150 and 4.4 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Government of India, NHPC's promoter, is exercising the oversubscription option in its Offer for Sale. Total offer size doubles from 3 percent to 6 percent of paid-up equity capital, about 60.27 crore shares. Non-retail bidding on June 2, retail and employees on June 3, 2026. Ten percent of offer reserved for retail investors, with additional shares for eligible employees.
Higher supply of NHPC shares in the market, may create short-term price pressure on the stock.