NHPC, the biggest hydro power generation company and government-owned entity, exchanges its equity shares on September 1, 2009 will be on the list. 36 crore has been set its issue price, the price band at the high end. The company has this issue is Rs 6038.55 crore, of which, the government received Rs 2012.85 crore and that will be used for infrastructure projects. The rest amount ie Rs 4025.7 crore, the company will use its power projects. Its init
ial public offering (10 rupees per equity share of each of 1,67,73,74,015 equity shares of Rs 30-36 price band of IPO) was launched. It was opened on August 7 and August 12, 2009 closed. This issue has received huge response from all sections of investors and 23.74 times subscription. Qualified institutional investors ( 'QIBs) was 29.16 times subscription is being run. Non institutional and retail investors portion was subscribed 26.7 times 3.87 times, respectively. The issue of the post issue capital of NHPC has constituted 13.64%. After this issue, the shareholding of the President of India paying almost 86.36% of the company will issue equity share capital.
ial public offering (10 rupees per equity share of each of 1,67,73,74,015 equity shares of Rs 30-36 price band of IPO) was launched. It was opened on August 7 and August 12, 2009 closed. This issue has received huge response from all sections of investors and 23.74 times subscription. Qualified institutional investors ( 'QIBs) was 29.16 times subscription is being run. Non institutional and retail investors portion was subscribed 26.7 times 3.87 times, respectively. The issue of the post issue capital of NHPC has constituted 13.64%. After this issue, the shareholding of the President of India paying almost 86.36% of the company will issue equity share capital.For Further Details Visit At:www.moneycontrol.com/india/news/ipo-new-listings/nhpc-to-listseptember-1/413171
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