NHPC IPO Subscription begins on August 7

NHPC IPO is all set to open for subscription of August 7th 2009 with the price band set at Rs 30-36 per share. NHPC IPO is well awaited in the retail segment with no good IPO’s in the recent times. With recent success of the Adani IPO retail investors sentiment towards market seems positive.

NHPC IPO subscription begins on 7th of August 2009 and the issue closes on 12th August. NHPC plans to open 15% to the market which if taken at Rs.36 of the higher price band translates to 6000 crores.

NHPC’s current capacity is at 5175 MW and plans to increase to 9600 MW by 2013. The company will commission one more project this year which is 120 MW in Jammu and Kashmir. Apart from that, another six projects we will be delivered in 2010-11 and the total capacity will be around 2,200 MW, two more projects are likely to be commissioned in 2011-12 and 2013 December. So in all by 2013, NHPC’s total capacity will hit 10,000 MW.

With good projects in pipeline, NHPC IPO is definitely a good investment for retail investors. More information and Subscription details of NHPC IPO will be posted soon. Do visit us back for more reviews of NHPC IPO.

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