NHPC IPO which went open from Aug 7th 2009 and the issue closed on Aug 12th 2009 has announced the share allotment status. Many people were eagerly waiting for the NHPC IPO share allotment from sometime. Just a little recap of the details of the IPO. NHPC is a state run mini Ratna company which opened for public on Aug 07 and closed on Aug 12th, 2009.NHPC IPO bid lot size was 175 equity share in the price band of Rs 30-36 each.

The wait is now over and the NHPC IPO allotment status has been out. You can check the status of your NHPC IPO application from these links.

NHPC IPO share allotment status.
NHPC share allotment.

For those who are eager to find out the criteria of the NHPC share allotment to every individual you can check the following link. NHPC IPO share allotment criteria. Just select NHPC Limited in the select company tab, in select category choose pub and finally give the number of shares you have applied for in applied category and hit on go button. The ratio of share allotment to shares applied in NHPC IPO is somewhere about 0.27. For eg if you applied for 4 lots or 700 shares there are good chances of you being allotted with 190 shares. It holds true for me atleast and many of my friends who applied the NHPC IPO.

Some people are panicking when they see no shares being allotted to them. You can post your application ID correctly which has 8 digits here and I’ll help everyone out. You need to check back coming here. The next big question is at what price is NHPC IPO going to get listed. Initially people were expecting it to list at Rs 50, but after the lackluster performance of Adani power IPO, people are expecting to make less gain on the opening date. A good strategy would be to book partial profits if you get returns of 15-20% on opening. You can hold a smaller quantity for long term gains.

NHPC being a Govt run company so its prospectus is looking good in long term even though its looks costly when compared to NTPC and the valuations of the company as of now. The IPO was subscribed 24 times. And coming to the date of listing of NHPC IPO, it can get listed on Sept 2nd or at the earliest of Sept 1st 2009. Some people are also waiting to see the refund in their bank account. We may have to wait a couple of more days to see that happening. You can post all your queries here and get them clarified here easily.

Update :-  The NHPC IPO listing date has been confirmed as Sept 1st 2009. In a circular to BSE, NHPC has stated that the listing of NHPC IPO will be on Sep1st 2009.

Listing date :- 1st Sept 2009.
NSE symbol :- NHPC.
BSE Script Code :- 533098.
Category :- B Group.

An update on refund from NHPC IPO. Some people have already started getting the refund of money from NHPC IPO. I have received mine on Aug 28th through online transfer, 2009 just 3 days after the announcement of the NHPC IPO share allotment.Ideally all the money is refunded before the IPO gets listed in the secondary markets. So there is absolutely no need to panic.

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