Ministry of Power Initiates Offer for Sale of NHPC Limited Equity Shares
The President of India, acting through the Ministry of Power, Government of India, has proposed an Offer for Sale of equity shares of NHPC Limited. The sale will be executed through the stock exchange mechanism involving both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).The total potential offer comprises shares from the Base Offer Size and an Oversubscription Option. The Base Offer Size constitutes 3.00% of the paid-up equity, equivalent to 30,13,51,044 equity shares, each having a face value of ₹ 10.
In addition, the total available shares under the Oversubscription Option is up to 30,13,51,044 equity shares, which, if exercised, would bring the collective total of Offer Shares to 6.00% of the Company’s paid-up equity share capital as of March 31, 2026.
Offer Details and Timeline
The sale will take place over two trading days with distinct participant eligibility for each day.| Category | Shares Offered (Initial) | Shares Offered (Oversubscription Potential) | Total Potential Offer Size |
|---|---|---|---|
| Base Offer Size | 30,13,51,044 (3.00%) | N/A | N/A |
| Oversubscription Option | N/A | Up to 30,13,51,044 (3.00%) | Up to 60,27,02,088 (6.00%) |
| Employee Offer | Up to 45,20,265 shares | N/A | Up to 45,20,265 shares |
The opening floor price set for the Offer is ₹ 71.00 per equity share.
Timeline of Offer:
- Non-Retail Investors: The sale will begin on T Day, which is June 2, 2026.
- Retail Investors, Employees, and Non-Retail Investors (carrying forward bids): The sale will continue on T+1 Day, which is June 3, 2026.
Allocation and Investor Categories
The allocation methodology reserves a minimum of 10% of the Offer Shares for Retail Investors, while at least 25% of the Offer Shares are reserved for Mutual Funds and Insurance Companies.The sale proceeds are structured across three main categories:
1. Non-Retail Investors: These investors may place bids on June 2, 2026. They have the option to carry forward un-allotted bids to June 3, 2026, and may revise their bids on T+1 Day.
2. Retail Investors: Defined as an individual investor placing bids for a total value not exceeding ₹ 2,00,000 across all Stock Exchanges. Retail Investors are allowed to bid at or above the Cut-Off Price.
3. Employee Offer: Eligible employees may apply for shares up to 75,00,000, though bids will initially be considered for allocation up to ₹ 2,00,000. These bids are primarily processed on T+1 Day.
Execution Details
The Offer for Sale will be managed exclusively through the Seller's designated brokers:- ICICI Securities Limited (BSE: 103; NSE: 07730)
- Goldman Sachs (India) Securities Private Limited (BSE: 3158; NSE: 12778)
- SBICAP Securities Limited (BSE: 0095; NSE: 10529)
The Company's shares other than the Offer Shares will continue trading in the normal market during this process.
NHPC Stock Price Movement
Shares of NHPC Limited today slipped by 2.31% to settle at ₹77.20. The stock saw significant activity in the session, trading on a volume of 13.50 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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