$NHPC OFS: Issue subscribed 3.47 times on day 1, govt to exercise full 3% greenshoe option | Details

The government’s offer for sale (OFS) in NHPC was subscribed 3.47 times on June 2, DIPAM Secretary Arunish Chawla said. He added that allocation will be carried out on a price-priority basis. Retail investors and employees can place bids on June 3, 2026, while the government will exercise the entire 3 per cent greenshoe option in the OFS. "Government of India announces OFS in NHPC Ltd with a base offer of 3 per cent of its equity and an additional 3 per cent Green Shoe Option in case of over subscription," the DIPAM Secretary, Arunish Chawla said on X. "Floor price fixed at Rs 71/- per share. OFS opens for non-retail investors on 2nd June 2026 and for retail investors on 3rd June 2026," the Secretary added.