Mumbai, June 3 -- The OFS, launched by the President of India through the Ministry of Power, comprised a base offer of 30.13 crore shares, representing about 3% of NHPC's equity capital, along with an oversubscription option for another 30.13 crore shares. The total offer size thus increased to 60.27 crore shares, equivalent to around 6% of the company's equity.

The issue opened for non-retail investors on 2 June 2026 at a floor price of Rs 71 per share.

Investor response was robust. On the first day, bids were received for 94.21 crore shares against the total non-retail offer size of 54.24 crore shares, resulting in a subscription of 173.69%. Bids backed by 100% margin accounted for 36.88 crore shares, while bids without upfront margin...