>NHPC IPO FACT SHEET (SHAREKHAN)

Issue details

Issue opens : August 7, 2009

Issue closes : August 12, 2009

Issue size : 167.73 crore equity shares

Fresh issue : 111.82 crore equity shares

Offer of sales by government Of which : 55.91 crore equity shares

Employee reservation : 4.19 crore equity shares

Net issue : 163.54 crore equity shares

Face value : Rs10 each

Break-up of net issue to public:
QIB's portion : 98.12 crore equity shares
Retail portion : 16.35 crore equity shares

Non-institutional portion : 49.06 crore equity shares

Price band : Rs30-36 per share

Object of the issue
The issue of 167.73 crore equity shares (of which 111.82 crore is fresh issue and 55.91 crore is offer for sale by the Government of India [GoI]) is aimed at raising Rs5,032.1 crore to Rs6,038.5 crore (depending on the price band of Rs30-36 per share). Of the total proceeds of the issue Rs1,677.4 crore to Rs2,012.8 crore would go to the GoI.

The objects of the issue are:

• part financing of the construction and development costs of certain projects, namely Subansiri Lower, Uri – II, Chamera - III, Parbati – III, Nimoo Bazgo, Chutak, and Teesta Low Dam – IV; (Please refer exhibit 1 for details).
• general corporate purposes; and
• listing benefits.

To see full report: NHPC IPO