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The Government of India has announced an Offer for Sale (OFS) in state-owned NHPC Ltd, opening a stake dilution of up to 3% of the company’s equity, with an additional 3% greenshoe option in case of oversubscription.
The move is part of the government’s ongoing disinvestment programme aimed at unlocking value from public sector undertakings while broadening retail and institutional participation in state-owned enterprises.
The base offer comprises up to 3% equity stake in NHPC, with an additional 3% available through the greenshoe option, allowing total dilution to go up to 6% if demand exceeds expectations.
NHPC is one of India’s leading hydroelectric power generation companies, operating under the Ministry of Power.
The government has set the floor price for the OFS at ₹71 per equity share. The final price will be determined based on demand from investors during the bidding process in accordance with SEBI OFS guidelines.
The OFS will open for non-retail investors on June 02, 2026, while retail investors will be able to participate on June 03, 2026, as per the standard two-day structure followed in such disinvestment offers.