NHPC Ltd Share Price – NSE  / BSE

Power Generation & Distribution, Small Cap

NHPC announced that last Unit i.e. Unit#3 (170 MW) of Teesta-V Power Station (3 X 170 MW), Sikkim has resumed commercial generation as per scheduling of Power on 16 July 2026 (00:00 Hrs) after synchronization with the grid. With this, Teesta-V Power Station (3 X 170 MW), Sikkim has resumed commercial generation of all its units.

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 stood at 57.33 crore shares.

On the second day, which was open to retail investors and non-retail investors carrying forward their bids, the retail portion attracted bids for 11.48 crore shares against the total retail offer size of 6.02 crore shares, translating into a subscription of 190.49%.

The non-retail carry-forward segment received bids for 3.12 crore shares, equivalent to 51.79% of the retail offer size. Overall, bids for 14.60 crore shares were received on the second day, resulting in a subscription of 242.28% against the retail portion.

The indicative price discovered during the bidding process was Rs 71.51 per share, while the clearing price was fixed at Rs 71.50 per share.

The OFS also included a potential employee reservation of 90.40 lakh shares, subject to approval from the competent authority. Eligible employees can apply for shares worth up to Rs 5 lakh under the employee offer.

NHPC is India's largest hydropower development company and is engaged in the generation and sale of electricity from hydroelectric, solar and wind power projects. The Government of India remains the promoter and majority shareholder of the company.

For the quarter ended March 2026, NHPC reported a 71.05% jump in consolidated net profit to Rs 1,460.16 crore, while revenue from operations rose 19.96% to Rs 2,815.53 crore compared with the corresponding quarter of the previous year.

Shares of NHPC rose 3.93% to settle at Rs 75.12 on the BSE today.

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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. The indicative bid price stood at Rs 71.25 per share.

The government has reserved up to 6.02 crore shares, including the oversubscription option, for retail investors. The non-retail segment accounts for up to 54.24 crore shares.

The OFS also includes a potential employee reservation of 45.20 lakh shares, subject to approval from the competent authority. Eligible employees can apply for shares worth up to Rs 5 lakh under the employee offer.

NHPC is India's largest hydropower development company and is engaged in the generation and sale of bulk electricity from hydroelectric, solar and wind power projects. The Government of India remains the company's promoter and majority shareholder with a 67.40% stake.

On a consolidated basis, NHPC's net profit surged 71.05% to Rs 1460.16 crore while net sales rose 19.96% to Rs 2815.53 crore in Q4 March 2026 over Q4 March 2025.

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NHPC announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 0.21 per equity Share (i.e. 2.1%) , subject to the approval of the shareholders.