Promoter to Exercise Oversubscription Option for NHPC Limited Equity Shares Offer
NHPC Limited is set to undergo a substantial offer for sale (OFS) of its equity shares by its promoter, the President of India, acting through the Ministry of Power, Government of India. The promoter intends to exercise the Oversubscription Option, resulting in a total offer size of 60,27,02,088 Equity Shares, representing 6.00% of the company’s total paid-up equity share capital as of March 31, 2026.The initial proposal included a Base Offer Size of 3.00% of the paid-up equity share capital, equivalent to 30,13,51,044 Equity Shares. By exercising the Oversubscription Option, the total offer size increases to include up to an additional 30,13,51,044 Equity Shares, bringing the collective total to 60,27,02,088 Equity Shares.
The sale of shares is scheduled across two dates and investor segments:
- June 2, 2026 (T day): The Base Offer Size is available for non-Retail Investors only.
- June 3, 2026 (T+1 Day): Shares are available for Retail Investors, Employee Investors, and non-Retail Investors carrying forward un-allotted bids.
During the Offer on June 3, 2026, 6,02,70,210 Equity Shares, representing 10% of the total offer, have been reserved for allocation to Retail Investors, subject to the receipt of valid bids.
In addition to the retail allotment, the Employee Offer component has been updated. While the original offer included 45,20,265 Equity Shares, an additional allotment of up to 45,20,265 equity shares may be made. This brings the potential total under the Employee Offer to an aggregate of up to 90,40,530 equity shares. Eligible employees can apply for shares up to 7500,000, although any bids will initially be considered for allocation up to 200,000 only.
The settlement of the shares will proceed according to the existing rules governing secondary market transactions. The total offer size ensures that the promoter's sale represents 6.00% of the total paid-up equity share capital of NHPC Limited as on March 31, 2026.
NHPC Stock Price Movement
Shares of NHPC Limited today slipped by 6.83% to close at ₹72.29. The stock experienced heavy trading volume of 212.43 million shares, plunging to a 52-week low of ₹71.62.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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