NHPC IPO on August 7

[sjawaji]

Issue Period: August 07, 2009 to August 12, 2009
Issue Size: 1,67,73,74,015 EQUITY SHARES
Face Value: Rs. 10/-
Price Range: Rs. 30 To Rs. 36.
IPO Grading: IPO Grade 3

More details of this IPO at NSE

http://www.nseindia.com/content/ipo/ipo_current_nhpc.htm

Is it worth investing in this?

 

[rajeshn2007]

It is a good issue. Go for it.

 

[zaqqaz4]

Many waited for NHPC and give away with Adani. Because of this probablity of getting firm alotment in Adani is more than NHPC. NOTE: Adani retail segment subscribed by 2.9 times.

 

[praveenkorukonda]

I feel it is very good issue. We can go for it.

 

[metry55]

I am newbie plz help me to apply IPO in hdfcsec.. for NHPC on Aug 7

Inv amount 25000..

- metry

 

[bkumar]

dear Metry55
To apply for NHPC IPOs through HDFC SECURITIES do following things:-
1. deposit the amount in your bank account which you want to invest.
2. go to hdfcsec web site and click the IPO section
3. from the list select NHPC IPO and from here on things will be self explanatory.
4. Money may be taken from your account immediately or at allotment, you should not worry much on this front.
5. You have to wait for few days when you can see the newly allotted shares in your portfolio. (generally it takes 15 to 20 days for allotment)

so thats it. Happy investing.

 

[metry55]

Dear Kumar

Thanks for your quick reply...

What is cutoff ? in IPO


metry

 

[praveenkorukonda]

In Book building issue, the issuer is required to indicate either the price band or a floor price in the red herring prospectus. The actual discovered issue price can be any price in the price band or any price above the floor price. This issue price is called "Cut off price". This is decided by the issuer and Lead Manager after considering the book and investors' appetite for the stock. Only retail individual investors to have an option of applying at cut off price.


For example now nhpc price band is 30 to 36. They may fix any price form 30 to 36 . If company is fixing price as 34 then they will consider the order of cut off for 34. If we are bidding the price for 33 then they wont allot shares for you. So cutoff is

 

[goodbrother]

Dear Kumar

Thanks for your quick reply...

What is cutoff ? in IPO


metry

NHPC applicationcutoff bid price will be 36/

only retailinvestors allowed to apply at cut off which is higher band price with understanding what ever price decided will be applicable for allotment of shares and balance refunded/adjusted

 

[goodbrother]

NHPC applicationcutoff bid price will be 36/

only retailinvestors allowed to apply at cut off which is higher band price with understanding what ever price decided will be applicable for allotment of shares and balance refunded/adjusted

Retail portion of NHPC is 1760 crores, and it is expected to oversubscribe in retail by 4 to 6 times (presuming Retail putting 7000 to 10000 crores as their funds are lying free )

so allotments will be handsome.one may apply for full quantity .

even if you do not have sufficient funds , don't leave it blank apply for even one lot to take chance in lottery for 175 shares allotment