NHPC

2024 - 1 - 18

Government to Sell Stake in NHPC: All You Need to Know

government stake sale - NHPC - NHPC recruitment - offer for sale - power sector

Exciting news as the Government plans to divest its stake in NHPC through an OFS! Get the latest details here.

The Indian government is set to sell a 3.5% stake in renewable energy major NHPC Ltd through an offer-for-sale (OFS) on January 18 and 19, 2024. This move aims to generate revenue and boost investments in the power sector. The offering will begin with non-retail investors on January 18, followed by the retail segment on January 19. NHPC shares fell 5% in response to the news, signaling market reaction to the stake sale.

In a bid to sell 3.5% stake, the government has set a floor price of Rs 66 per share, targeting to raise around Rs 2300 crore. As the OFS opens, institutional buyers have already shown strong interest, with bids worth Rs 6000 crore placed. This indicates the high demand for NHPC shares in the market.

Moreover, NHPC recruitment for 2024 has commenced, offering vacancies for Engineers and Finance Officers. This highlights the ongoing developments within the company amidst the stake sale. The NHPC OFS has received significant attention, with institutional buyers bidding for over 802 million shares, showcasing confidence in the company's future prospects.

In a surprising turn, the OFS for NHPC has been oversubscribed 2.3 times, reflecting investors' keen interest in acquiring shares of the power producer. This overwhelming response signifies the market's positive outlook on NHPC's growth potential. As the stake sale progresses, all eyes are on the outcome and its impact on NHPC's future trajectory.

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Image courtesy of "Livemint"

NHPC OFS: Govt to sell 3.5% stake in NHPC via OFS; floor price set ... (Livemint)

NHPC OFS: The government has proposed a stake of 3.5 per cent in renewable energy major NHPC Ltd through an offer-for-sale (OFS) on January 18 and 19, 2024.

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Image courtesy of "Reuters"

Indian govt to sell up to 3.5% stake in NHPC (Reuters)

The Indian government will sell up to 3.5% stake in state-run NHPC through an offer for sale, the company said in an exchange filing on Wednesday.

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Image courtesy of "CNBCTV18"

Government initiates stake sale in NHPC, offers 3.5% via OFS at ... (CNBCTV18)

The offering is scheduled to open for non-retail investors on January 18, followed by the retail investor segment on January 19.

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Image courtesy of "The Economic Times"

nhpc stock update: Govt to sell 2.5% stake in NHPC via OFS; floor ... (The Economic Times)

The government proposes to sell an additional 100450348 shares, representing 1% of the total paid up capital of the company, in case of an oversubscription.

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Image courtesy of "Business Standard"

Govt to sell 3.5% stake in NHPC at Rs 66 a share beginning Thursday (Business Standard)

The government on Wednesday said it will sell a 3.5 per cent stake in power producer NHPC at a floor price of Rs 66 a share, which will garner Rs 2300 crore ...

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Image courtesy of "Moneycontrol.com"

NHPC falls 5% as govt plans to divest 3.5% stake via OFS for about ... (Moneycontrol.com)

The Offer for sale (OFS) for NHPC will open on January 18 for non-retail investors. Retail investors will be able to bid on Friday.

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Image courtesy of "PSU Watch"

NHPC Offer for sale: Govt set to sell up to 3.5% stake (PSU Watch)

Get the latest update on NHPC offer for sale as the Govt plans to sell up to 3.5% stake through an offer for sale starting January 18.

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Image courtesy of "Zee Business"

NHPC slips over 4% after govt offers to sell 3.5% stake in PSU ... (Zee Business)

NHPC said on Wednesday that the government would sale a 3.5 per cent stake, or shares up to Rs 35.16 crore through OFS. The floor price for the offer has ...

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Image courtesy of "ABP News"

NHPC OFS: आज से खुल रहा इस सरकारी कंपनी का ओएफएस, जबरदस्त ... (ABP News)

NHPC Share Price: अक्षय ऊर्जा के क्षेत्र में काम करने वाली इस सरकारी कंपनी का ओएफएस आज से खुल रहा है. यह सब्स्क्रिप्शन के लिए ...

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Image courtesy of "Hindustan हिंदी"

₹66 के भाव पर इस कंपनी के शेयर बेच रही सरकार, ₹2300 करोड़ जुटाने का ... (Hindustan हिंदी)

बता दें कि न्यूनतम कीमत पर बिक्री पेशकश से सरकारी खजाने को करीब 2300 करोड़ रुपये मिलेंगे। एनएचपीसी का शेयर बीएसई में 0.90 ...

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Image courtesy of "The Economic Times"

nhpc share price: NHPC shares drop 6% as two-day OFS kicks off ... (The Economic Times)

The government plans to sell 251125870 shares, representing a 2.5% stake in NHPC and has set the floor price at Rs 66 a share. This is at a steep discount ...

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Image courtesy of "दैनिक भास्कर"

NHPC में अपनी 3.5% हिस्सेदारी बेचेगी सरकार: इससे ₹2300 करोड़ खजाने ... (दैनिक भास्कर)

पावर प्रोड्यूसर नेशनल हाइड्रो-इलेक्ट्रिक पावर कॉर्पोरेशन (NHPC) में सरकार अपनी 3.5% स्टेक बेचेगी। सरकार इन शेयरों को ₹66 प्रति ...

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Image courtesy of "प्रभात खबर"

NHPC OFS: सरकार आज से डिस्काउंट में बेच रही इस कंपनी का शेयर, स्टॉक ... (प्रभात खबर)

NHPC OFS: निवेश और लोक संपत्ति प्रबंधन विभाग के सचिव ने लिखा है कि गैर-खुदरा निवेशकों के लिए एनएचपीसी में बिक्री पेशकश (ऑफर फॉर ...

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Image courtesy of "Zee Business"

Government to disinvest 3.5% stake in NHPC through OFS; stock ... (Zee Business)

At around 9:26 a.m., shares of NHPC slipped 4.33 per cent, or Rs 3.16, to Rs 69.9 apiece on the BSE. The market capitalisation of the company at around the ...

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Image courtesy of "DATAQUEST"

NHPC Recruitment 2024: Vacancies for Engineers and Finance ... (DATAQUEST)

NHPC recruitment drive for 2024 has started that include Trainee Engineersand Trainee Officer (Finance) positions.

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Image courtesy of "Business Standard Hindi"

NHPC OFS को मिले 2.3 गुना आवेदन, 80.2 करोड़ शेयरों की लगी बोली (Business Standard Hindi)

NHPC stake sale plan : संस्थागत निवेशकों ने एनएचपीसी के ऑफर फॉर सेल में 80.2 करोड़ शेयरों के लिए बोली लगाई, जो कुल पेशकश 35.1 करोड़ ...

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Image courtesy of "Zee Business हिंदी"

NHPC OFS रिटेल निवेशकों के लिए खुला, ग्रीन-शू ऑप्शन के साथ 3.5 ... (Zee Business हिंदी)

MiniRatna PSU NHPC OFS Updates: 18 जनवरी को OFS नॉन-रिटेल कैटेगरी के लिए खुला था. पहले दिन नॉन रिटेल कैटेगरी में OFS 4.03 गुना सब्सक्राइव ...

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Image courtesy of "Business Standard"

Institutional buyers put in bids worth Rs 6000 cr for NHPC share sale (Business Standard)

In the two-day offer for sale (OFS), the government is selling over 35 crore equity shares in power producer NHPC, including a greenshoe option to sell 10 crore ...

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Image courtesy of "Business Standard"

NHPC OFS booked 2.3x, institutional buyers bid for 802 million shares (Business Standard)

NHPC OFS: Through the OFS, the government was looking to divest nearly 3.5 per cent stake in the hydropower firm.

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