NHPC – Green Energy IPO Fully subscribed at Rs 36 Upper Band

August 7, 2009 · Author: · Category: business 

The IPO of State Owned Hydro Electric Company – NHPC which opened for subscription this morning was fully subscribed within an hour :-)

NHPC is a producer of Green Energy which is the most sought after Electrical Power today and will continue to do so. Analysts, will re-rate the stocks and upon listing, NHPC will quote at Higher multiple than other Third Grade companies like Reliance Power. NHPC’s IPO is exclusively reviewed by DalalStreet here.

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