NHPC IPO: National Hydro Power Corporation IPO

A new IPO or initial public offer is set to hit the Indian Stock Markets very soon. The much awaited IPO belongs to the government controlled NHPC or National Hydro Power Corporation.

What are the opening dates of the NHPC IPO or National Hydro Power Corporation IPO?
The much awaited NHPC IPO or National Hydro Power Corporation IPO is expected to open for subscription on date 13th October 2008.

When will the NHPC IPO or National Hydro Power Corporation IPO list on stock markets for secondary market trading?
The tentative listing date for NHPC IPO or National Hydro Power Corporation IPO shares is expected to be on November 6th, 2008.

What is the price band for share price of NHPC IPO or National Hydro Power Corporation IPO shares?
The face value for each share of NHPC IPO or National Hydro Power Corporation IPO share is fixed at the standard Rs. 10 per share. The price band for NHPC IPO or National Hydro Power Corporation IPO is yet to be ddecided and will be fixed on September 16th, as per the news sources.

How many shares will be offered for sale through the NHPC IPO or National Hydro Power Corporation IPO?
A total of 167 Crore (16.7 million) shares will be offered for sale through the NHPC IPO or National Hydro Power Corporation IPO issue.

What is the current holding pattern of NHPC IPO or National Hydro Power Corporation IPO?
As of now, the government of India holds the entire 100% stake in NHPC National Hydro Power Corporation. Post IPO, the stake of government will come down to 85%, i.e. 15% of the stake will be diluted through the NHPC IPO or National Hydro Power Corporation IPO.
NHPC has a paid-up capital of Rs 11,500 crore, comprising of 1,150 crore equity shares of Rs 10 each.

What are the financial results of NHPC or National Hydro Power Corporation?
NHPC’s net profit during 2007-08 stood at Rs.1,004 crore—up from the previous year’s Rs. 925 crore.

It has an installed capacity of 5,200 MW generated from 13 of its hydro power plants and plans to increase its generation capacity to 11,000 MW by 2012 from 5,200 MW now. The company plans to invest Rs 90,000 crore in new projects over the next ten years.

About 10 hydroelectric power plants of the company are under various stages of implementation, including the country's largest hydroelectric project -- a 2,000 MW plant at Subansiri in Arunachal Pradesh.