NHPC OFS
Govt to exercise greenshoe option to sell up to 6% stake in NHPC OFS
This story was originally published at 16:53 IST on 2 June 2026
Register to read our real-time news.Informist, Tuesday, Jun. 2, 2026
--DIPAM Secy: NHPC OFS subscribed 3.47 times on first day
--DIPAM Secy: Govt to exercise full greenshoe option for NHPC OFS
NEW DELHI – The government will exercise a greenshoe option to sell an additional 3% stake in NHPC Ltd. through an offer for sale, Divestment Secretary Arunish Chawla said Tuesday. The government had offered to sell up to 6% stake in NHPC through an offer for sale – a base issue of 3% and a greenshoe option of 3%.
The offer for sale opened on Tuesday for non-retail investors, while retail investors will be able to put in their bids on Wednesday. "Offer for Sale in NHPC Ltd. received enthusiastic response from investors and was oversubscribed 3.47 times on the first day," Chawla said in a post on X. "Allocation will be on price priority basis." The floor price for the offer for sale has been fixed at INR 71 per share.
The government currently holds 67.40% stake in NHPC. With the government exercising the greenshoe option, its stake will go down to 61.40%. The OFS will also help the government shore up its capital receipts. It might raise around INR 43 billion from the entire 6% stake sale. This will help the government meet its miscellaneous capital receipts target of INR 800 billion for 2026-27 (Apr-Mar).
The power producer reported revenue growth of nearly 15% at INR 103.28 billion in FY26, and a net profit of INR 36.18 billion, up over 17% on year. On Tuesday, shares of NHPC ended 6.4% lower at INR 72.29 on the National Stock Exchange. End
Reported by Priyasmita Dutta
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
