The issue today received bids for 5.94 billion shares which is 3.5 times the issue size of 1.68 billion shares.
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(Updated at 1406 hrs)
The issue has seen bids for 5.39 billion shares which is over 3 times the issue size of 1.68 billion shares.
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(Updated at 1225 hrs)
NHPC IPO which opened today for subscription was fully subscribed in just five minutes.
According to data available on the NSE website, the most of the bids are received at the higher end of the price band.
The issue has seen bids for 3.13 billion shares which is nearly 2 times the issue size of 1.68 billion shares.
To be updated:
The government intended to raise Rs 6,000 crore from the Initial Public Offering (IPO) for 1.68 billion shares. The issue was priced in the range of Rs 30 to Rs 36. The issue will close on August 12.
The market lot is multiple of 175 shares, and the maximum subscription amount for retail investor is Rs 100,000.
Also read: NHPC IPO to hit the market on August 7
