With both retail and institutional investors lapping up the offer for sale of a 3.5% stake in NHPC, the Centre raised around Rs 2,500 crore in disinvestment revenues on Friday.
“The second day of NHPC OFS closed with good interest from retail investors, with 2.16 times subscription of the total offer including base and green shoe,” Dipam secretary Tuhin Kanta Pandey said on X.
As against the floor price of Rs 66/share in the two-day offer, the bids were received at an indicative price of Rs 70.2 for non-retail and Rs 71 for retail investors.
