Closing Date - 12th August Allotment Date - 24th August (13th Day) Refund Date - 25th August (14th Day) Listing Date - 1st September (21 days)
IMPORTANT - for all IPOs - as per SEBI Circular - IPO shares will be considered for listing in the Derivatives Segment ONLY AFTER 6 MONTHS of trading in the Cash Segment.
Accordingly, NHPC will NOT get listed in F&O immediately.
Investment Banking Circles are saying - Listed expected at 45/-
NHPC grey rates are 5.50 +/- brokerage 0.25 i.e. NHPC you can sell in grey market @5.75 premium NHPC you can buy in grey market @5.25 premium
It will do well and u cant compare it with adani and Rpower having operational capacity on papers .
Ofcourse it will take a bit more time for execution because it is hydro power. But long term gains will be good. Accumulate it at issue price and below and keep it if u can for long term.
It seems the news for allotment is fake and is there on Karvy's site in error... Anyways since the O/S is 3.8 times - you can easily guess your allotment +- 5% and appropriately wonder how much you'll earn from the listing ;)