The IPO of National Hydro Power Corporation Ltd. (NHPC Ltd.), which closed for subscription on Wednesday, August 12, 2009 has been finally oversubscribed to the extent of 23.74 times on an overall basis. The IPO was oversubscribed by an incredible 56.71 times in the category of Non-Institutional Investors, with Retail category getting oversubscribed by 3.87 times
NHPC IPO Final Subscription Status as on Wednesday, August 12, 2009 2200 hrs IST:
QIB: 29.16 times
Non-Institutional Investors: 56.71 times
Retail: 3.87 times
Employees: 0.57 times
Overall: 23.74 times
NHPC IPO had opened for subscription on Friday, August 07, 2009. IPO was subscribed only 6.16 times till the second-last day of the IPO.
More on NHPC IPO:
>NHPC IPO subscribed 6.16 times till third day
> NHPC IPO Subscription on Day 2
> NHPC IPO subscribed 3.54 times on the first day
> Discuss NHPC IPO Subscription in Indian IPO Blog Forums
Thursday, August 13, 2009
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NHPC IPO oversubscribed 23.74 times
NHPC IPO oversubscribed 23.74 times
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# HNI Oversubscription
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This is second over subscribed IPO after adani power in just one month. Great news for market goers and it is up today.
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