BSE to add NHPC scrip in BSE IPO Index

The Bombay Stock Exchange (BSE) has decided to include NHPC Ltd in its BSE IPO Index, effective from September 3, a BSE statement said here.

Updated: Sep 01, 2009, 23:14 PM IST

Mumbai: The Bombay Stock Exchange (BSE) has
decided to include NHPC Ltd in its BSE IPO Index, effective
from September 3, a BSE statement said here.

Government-owned NHPC made a debut on the bourses today
and was admitted to dealings on the BSE in the list of `B`
Group Securities.

The company`s share listed at Rs 38 as against its IPO
price of Rs 36. The stock finally settled at Rs 36.70, up
1.94 per cent over its issue price.

The company had come out with a public offer of
168-crore shares of face value Rs 10 each and managed to raise
above Rs 6,000-crore for its hydro-power projects.

Bureau Report