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NHPC IPO is a book build issue of ₹6,038.55 crores. The issue is a combination of fresh issue of 111.82 crore shares aggregating to ₹4,025.70 crores and offer for sale of 55.91 crore shares aggregating to ₹2,012.85 crores.
NHPC IPO bidding started from Aug 7, 2009 and ended on Aug 12, 2009. The shares got listed on BSE, NSE on Sep 1, 2009.
NHPC IPO price band is set at ₹36.00 per share . The lot size for an application is 175. The minimum amount of investment required by an retail is ₹5,250 (175 shares). The lot size investment for sNII is 32 lots (5,600 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (27,825 shares), amounting to ₹10,01,700.
The issue includes a reservation of up to 4,19,34,350 shares for employees offered at a discount of ₹0.00 to the issue price.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
| IPO Date | August 7, 2009 to August 12, 2009 |
| Listing Date | September 1, 2009 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹30 to ₹36 per share |
| Issue Price Final | ₹36 per share |
| Lot Size | 175 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,67,73,74,015 shares (aggregating up to ₹6,038.55 Cr) |
| Fresh Issue | 1,11,82,49,343 shares (aggregating up to ₹4,025.70 Cr) |
| Offer for Sale | 55,91,24,672 shares of ₹10 (aggregating up to ₹2,012.85 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 11,18,24,93,430 shares |
| Share Holding Post Issue | 12,30,07,42,773 shares |
NHPC IPO offers total 1,67,73,74,015 shares. Out of which 98,12,63,799 (58.50%) allocated to QIB, 16,35,43,966 (9.75%) allocated to NII, 49,06,31,900 (29.25%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 98,12,63,799 (58.50%) | NA |
| NII (HNI) Shares Offered | 16,35,43,966 (9.75%) | NA |
| Retail Shares Offered | 49,06,31,900 (29.25%) | 28,03,610 |
| Employee Shares Offered | 4,19,34,350 (2.50%) | NA |
| Total Shares Offered | 1,67,73,74,015 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
NHPC IPO opens on August 7, 2009, and closes on August 12, 2009.
| IPO Open Date | Fri, Aug 7, 2009 |
| IPO Close Date | Wed, Aug 12, 2009 |
| Tentative Listing Date | Tue, Sep 1, 2009 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 12, 2009 |
Investors can bid for a minimum of 175 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 175 | ₹6,300 |
| Retail (Max) | 31 | 5,425 | ₹1,95,300 |
| S-HNI (Min) | 32 | 5,600 | ₹2,01,600 |
| S-HNI (Max) | 158 | 27,650 | ₹9,95,400 |
| B-HNI (Min) | 159 | 27,825 | ₹10,01,700 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1975, NHPC Limited (Formerly known as National Hydroelectric Power Corporation Ltd.) is a Govt. of India's Enterprise. NHPC is a hydroelectric power generating company dedicated to the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. They execute all aspects of the development of hydroelectric projects, from concept to commissioning.
NHPC have developed and constructed 13 hydroelectric power stations and their total installed capacity is currently 5,175 MW. This includes two power stations with a combined capacity of 1,520 MW, constructed and operated through our Subsidiary, NHDC. Company's power stations and hydroelectric projects are located in the North and North East of India, in the states of Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Sikkim and West Bengal. Company generated 14,813.16 MUs of electricity in Fiscal 2008.
Presently, They are engaged in the construction of 11 additional hydroelectric projects, which are expected to increase total installed capacity by 4,622 MW. Further eight projects, including one joint venture project, with an anticipated capacity of 5,751 MW, are currently awaiting sanction from the CCEA. NHPC have obtained ISO 18001:2000, ISO 9001:2000 and ISO 14001:2004 certifications from the Bureau of Indian Standards.
| KPI | Values |
|---|---|
| RoNW | 11% |
ICRA has assigned an IPO Grade 3 to NHPC Limited IPO. This means as per ICRA, company has average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Link to download ICRA rating document.
| Listing Date | September 1, 2009 |
| BSE Script Code | 533098 |
| NSE Symbol | NHPC |
| ISIN | INE848E01016 |
| Final Issue Price | ₹36 per share |
| BSE Listing Group | B |
NHPC Ltd.
NHPC Office Complex,
Sector - 33,
Faridabad 121003, Haryana.
Faridabad, Haryana
Phone: + 91-129 227 8421
Email: companysecretary@nhpc.nic.in
Website: http://www.nhpcindia.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: nhpcipo@karvy.com
Website: https://ipostatus.kfintech.com/
NHPC IPO is a main-board IPO of 1,67,73,74,015 equity shares of the face value of ₹10 aggregating up to ₹6,038.55 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 175.
The IPO opens on August 7, 2009, and closes on August 12, 2009.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in NHPC IPO using UPI as a payment gateway. Zerodha customers can apply in NHPC IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in NHPC IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The NHPC IPO opens on August 7, 2009 and closes on August 12, 2009.
NHPC IPO lot size is 175, and the minimum amount required for application is ₹6,300.
You can apply in NHPC IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for NHPC IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the NHPC IPO allotment status.
The NHPC IPO listing date is on Tuesday, September 1, 2009.
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