IPO opens today, ends on August 12th.
price band is from 30 to 36.
Total issue size is 5K06K crore.
Chances of you getting some shares is rare until you apply for the full lot. It is in great demand and as any PSU IPO's have done, this would also be in short supply. The PSU IPO's are also priced on the lower side compared to most private companies. Most Indian brokerage houses do recommend this IPO. Some feel NTPC and powergrid are better power PSU plays.
The price at which NHPC may list may really depend on market levels at the time of listing. NHPC would list at a premium of Rs. 10 (i.e at 46) if market sustains 4650 level. Below 4500, NHPC may at or below issue price.
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