NHPC performance on BSE

NHPC launched its initial public offer (IPO) in August 2009 and mopped up around Rs 6,000 crore. The IPO was over-subscribed 24 times. The company had released 167.73 crore shares in the primary market with a price band of Rs 30-36. Government currently holds 86.36 per cent stake in the company after divesting five per cent in 2009. The company issued fresh equity for remaining stake. So far, NHPC has issued dividend twice, Rs 0.60 on September 6, 2011, and Rs 0.55 on September 9, 2010, according to information on the BSE. In 2011-12, NHPC reported an EPS of Rs 2.25.