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The Economic Times
The Economic Times
Debaroti Adhikary

NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to know

NHPC

The shares of NHPC jumped more than 5% as the offer for sale (OFS) through which the government is selling up to 6% stake in the company opens for retail investors today, after an overwhelming response from non-retail investors on the first day of subscription.

The government on Tuesday decided to exercise the green shoe option in the 6% stake sale in NHPC after the OFS was oversubscribed 3.47 times on the first day. "Offer for Sale in NHPC Limited received enthusiastic response from investors and was oversubscribed 3.47 times on the first day. Allocation will be on a price priority basis. The government has decided to exercise the entire green shoe option. Retail investors and employees get to bid on 3rd June 2026," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X.

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