Data and statements released on June 2, 2026 showed that official briefings and market data framed the episode for readers following June headlines. The Government of India opened an offer for sale in NHPC Ltd on June 2, 2026, with a base offer of 3% equity and an additional 3% green shoe option.
Parallel announcements clarified that DIPAM fixed the floor price at Rs 71 per share for up to 60.27 crore shares representing a 6% stake. The OFS opened for non-retail investors on June 2 and was scheduled for retail investors on June 3.
Separately, non-retail bids on day one oversubscribed the issue 3.47 times, prompting the government to exercise the full green shoe option. At the floor price, a full 6% sale would fetch roughly Rs 4,200-4,600 crore toward the FY27 disinvestment target of Rs 80,000 crore.
Next procedural dates were not immediately revised in initial statements.
Created by Ayen Stabel.
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Sources:
https://www.business-standard.com/markets/news/nhpc-ofs-opens-june-2