Mumbai, June 2 -- The President of India, acting through the Ministry of Power, launched the OFS to divest up to 60.27 crore equity shares in NHPC. The base offer comprises 30.13 crore shares, representing about 3% of the company's equity capital, with an option to sell an additional 30.13 crore shares (3% equity) in case of oversubscription.

The OFS opened for non-retail investors on 2 June 2026, with a floor price of Rs 71 per share, implying a discount of 8.02% to the stock's previous closing price. The offer for retail investors will open on the following trading day.

As of 9:40 a.m., bids had been received for 6.10 lakh shares in the non-retail category, representing 0.23% of the base non-retail offer size of 27.12 crore shares. Th...