NHPC OFS opens for retail investors today — All you need to know

Shares of NHPC Ltd. are in focus as its offer for sale (OFS) opens for retail investors on Wednesday, June 3.

At the end of the March quarter, retail investors held 8.28% stake in NHPC, as per data available on the stock exchanges.

Strong Response To Non-Retail OFS

The OFS opened for non-retail investors on Tuesday, June 2, where it received an enthusiastic response, ending with an overallsubscription of 3.47 times compared to the total shares on offer.

The Centre will allocate the same on a priority basis and it has decided to exercise the entire green shoe option, the Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X.

Cut-off price for the non-retail portion of the OFS has been fixed as ₹71.5 per share.

The Centre, on Monday, June 1, announced the OFS with a base size of 3% of NHPC's equity and a green shoe option of an additional 3% in case of over-subscription.

At the end of the fourth quarter, the Central government held 67.4% stake in NHPC, according to data available on the stock exchanges.

How Can Retail Subscribe To The OFS

• Open your trading / demat account and go to the "corporate action" or "OFS" section


• Check the floor price, bid quantity, price and other aspects before punching in your trade.


• The bid price should always be above the cut-off price, which in this case is ₹71.5, else the bid will get rejected.


• Ensure there are sufficient funds in your account before placing the bids, and that amount will be blocked before the bids are accepted.

NHPC Share Price Action

Shares of NHPC had declined by nearly 7% during Tuesday's session, which marked the biggest single-day fall for the stock since June 2024.

However, unlike Coal India, the stock could not recover from the opening lows despite a strong response to the non-retail portion.

Over 21.2 crore shares of NHPC had changed hands on Tuesday, well above their 20-day average of 1.5 crore shares. 44% or 9.2 crore shares, out of the total traded quantity, were marked for delivery, which was also well above the 20-day average of 70 lakh shares.

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