The Ministry of Power, acting on behalf of the President of India, has increased the Offer for Sale (OFS) of NHPC Limited equity shares. The total offer size has been revised to 6.00% of the paid-up equity share capital, equating to 60,27,02,088 shares. This includes the initial 3.00% base offer size and an additional 3.00% from the oversubscription option. The offer targets both retail and non-retail investors across two trading days in June 2026.
NHPC Share Sale Expansion
The Ministry of Power, representing the President of India as the promoter of NHPC Limited, has formally announced an expansion of its Offer for Sale (OFS). Initially proposed as a 3.00% stake sale, the offer has now been increased to include the oversubscription option, bringing the total offer size to 6.00% of the company’s paid-up equity share capital. This translates to a total of 60,27,02,088 equity shares being offered for sale.
Offer Details and Timeline
The revised total offer size represents 6.00% of NHPC Limited’s total paid-up equity share capital as of March 31, 2026. The offer was initiated on June 2, 2026, for non-Retail Investors, and continued on June 3, 2026, for Retail Investors, Employees, and non-Retail Investors carrying forward bids. This expanded offer leverages the oversubscription option, doubling the originally planned sale.
Allocation and Reservation
Following the expansion, 6,02,70,210 Equity Shares, equivalent to 10% of the total offer, have been reserved for allocation to Retail Investors. These will be subject to valid bids received on June 3, 2026. Additionally, up to 45,20,265 equity shares are reserved for eligible employees of NHPC Limited, as part of an ‘Updated Employee Offer,’ with specific application limits in place for employee bids.
Operational Aspects
The Offer for Sale is being conducted through a designated window on the BSE and NSE, with equity shares to be held in dematerialized form. The settlement of the transactions will adhere to the existing rules governing secondary market transactions. All capitalized terms not explicitly defined in this intimation carry the same meanings as provided in the original notice dated June 1, 2026.
Source: BSE
