NHPC Offer for sale: Govt set to sell up to 3.5% stake

New Delhi: The Government is now set to sell up to 3.5 percent stake of NHPC. The sale will be executed through offer for sale beginning Thursday, January 18. The NHPC offer for sale will close on Friday, January 19.

The floor price of the OFS has been set at Rs 66 per share. The Govt will sell up to 2.5 percent stake in the base offer.

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"Offer for sale in NHPC opens tomorrow for non-retail investors. Retail investors can bid on Friday. The government will divest 3.5% equity including Green Shoe option of 1%", Secretary DIPAM Tuhin Kanta Pandey (IAS) said on X on Wednesday late night.

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