Incorporated in 1975, NHPC Limited (Formerly known as National Hydroelectric Power Corporation Ltd.) is a Govt. of India's Enterprise. NHPC is a hydroelectric power generating company dedicated to the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. They execute all aspects of the development of hydroelectric projects, from concept to commissioning.
NHPC have developed and constructed 13 hydroelectric power stations and their total installed capacity is currently 5,175 MW. This includes two power stations with a combined capacity of 1,520 MW, constructed and operated through our Subsidiary, NHDC. Company's power stations and hydroelectric projects are located in the North and North East of India, in the states of Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Sikkim and West Bengal. Company generated 14,813.16 MUs of electricity in Fiscal 2008.
Presently, They are engaged in the construction of 11 additional hydroelectric projects, which are expected to increase total installed capacity by 4,622 MW. Further eight projects, including one joint venture project, with an anticipated capacity of 5,751 MW, are currently awaiting sanction from the CCEA. NHPC have obtained ISO 18001:2000, ISO 9001:2000 and ISO 14001:2004 certifications from the Bureau of Indian Standards.
Objects of the Issue:
- The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
- Part Finance of the Construction & Development Cost;
- General Corporate Purposes;
- Issue Related Expenses & get the shares listed on the Stock Exchanges.
NHPC Limited IPO Grading / Rating
ICRA has assigned an IPO Grade 3 to NHPC Limited IPO. This means as per ICRA, company has average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
NHPC Limited IPO Information
»» Public Issue Open: August 7,2009 to August 12, 2009
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 1,67,73,74,015 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 30/- to Rs 36/-
»» Market Lot: 175 Shares
»» Minimum Order Quantity: 175 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: ENAM Securities, Kotak Mahindra & SBI Capital Markets Ltd
»» Registrar: Karvy Computershare Pvt Limited (Ph: +91-40-23420815 Email: nhpcipo@karvy.com)
Listing Date : Around 31st August 2009 or in first week of September 2009
Listing Price : Around Rs. 45 to Rs. 50
Allotment : IF 5 times subscribes - 525/500, IF 7 subscribes times 375 to 400, On 1 Lakhs application - 300 to 400
Precition : You would get good benefit at the timing of Listing as well as in Long Term.
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