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Friday, August 7, 2009

The IPO of National Hydro-Power Corporation Ltd. opens for subscription from today, i.e. Friday, August 07, 2009. The IPO consists of 1,67,73,74,015 Equity Shares each having a Face Value of Rs. 10/- (QIB: 98,12,63,799 shares, HNI: 16,35,43,966 shares, Retail: 49,06,31,900 shares, Employees: 4,19,34,350 shares). The IPO is open till Wednesday, August 12, 2009.

The equity shares are offered in a price band of Rs.30/- to Rs.36/- per equity shares with a bid lot of 175 equity shares and in multiples thereof. Thus, maximum number of shares that can be bid for in Retail category is 2625 equity shares. (See: NHPC IPO Reference Table for Retail Investors)

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