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Informist, Monday, Jun. 1, 2026

--Divest secy: NHPC OFS opens for retail investors Wednesday 
--Divest secy: NHPC OFS opens for non-retail investors Tuesday 
--Divest secy: Floor price for NHPC OFS set at INR 71/share 
--Divest secy: To sell up to 6% stake in NHPC via OFS 

NEW DELHI – The government will sell up to 6% stake in NHPC Ltd. through an offer for sale, Divestment Secretary Arunish Chawla said Monday. The offer for sale will open on Tuesday for non-retail investors, while retail investors will be able to put in their bids on Wednesday, Chawla said in a post on social media site X. 

The issue includes a base issue of 3% and a greenshoe option of 3%, he said. The floor price for the offer for sale has been fixed at INR 71 per share. For the March quarter, NHPC reported a consolidated net profit of INR 13.28 billion on revenue of INR 27.41 billion.

The government currently holds 67.40% stake in NHPC. In case the government is successful in selling the entire 6% in the company, it might garner up to INR 42.79 billion.

In the Budget for 2026-27 (Apr-Mar) the government set an aim of INR 800 billion from miscellaneous capital receipts. On Monday, shares of NHPC ended 2.1% lower at INR 77.20 on the National Stock Exchange.  End

Reported by Sagar Sen

Edited by Avishek Dutta

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