NHPC IPO likely in July-August

NHPC IPO can hit the markets in the month of July-August according to the sources. NHPC has filed its DHRP in the month of Dec 2008, and had to postpone the issue because of the bad financial markets. The current markets stabilising and showing growth pattern has encourage lot of companies who have prolonged their IPO’s to comeback.

NHPC is such company which will hit the markets with a 2000-3000 crore IPO, which could attract lot of interest among the small and middle investors group. Mutual funds who are sitting on huge piles of cash would definitely invest in such quality issues.

NHPC IPO could hit the markets in the month of July or August 2009.

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