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NHPC IPO Allotment Status

August 24th, 2009 Posted in India Current News

nhpc_logo2NHPC:
National hydroelectricity power corporation (NHPC) status for allotment of NHPC IPO will be announced soon. Please keep visiting our website for latest updates about allotment status of NHPC IPO.

Subscription for NHPC IPO was closed on last Wednesday that is 12th August 2009 and which shows an 23.74 times over-subscription on overall basis. Non-Institutional Investors incredibly oversubscribed the NHPC IPO by 56.71 times, Retail category which is coming under QIB (Qualified Institutional Bidders) subscribed it by 29.16 times and finally the categories of Employees got oversubscribed by 0.57 and 3.87 times.

The National hydroelectricity power corporation (NHPC), a Ratna public sector company working in hydroelectric projects in all the states of India. NHPC is engaged in planning, development and integration activities for hydroelectric projects.

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