|Issue Size (No of Shares)||57,93,76,163 equity shares|
(41,22,72,220 equity shares (Base Offer Size) plus additional Option of 16,71,02,943 equity shares)
|Floor Price||INR 168|
|Retail Investors Reservation||11,58,75,233Equity Shares|
(20% of Issue Size)
|Date||(For Retail Investors)|
|Discount For Retail Investors||5 % on cut-off Price in accordance with OFS guidelines|
|Allocation Methodology||Price Priority|
August 29, 2017
NTPC -OFS-30/09/17 for Retail Investors
The President of India acting through and represented by the Ministry of Power, Government of India, (the “Promoter”) has offered 41,22,73,220 equity shares (Base Offer Size) of face value of INR 10/- each with an additional option of 16,71,02,943 equity shares of the Company. Accordingly the total Offer Size (which is the aggregate of the Base Offer Size and the Oversubscription Option, to the extent exercised) is 57,93,76,163 equity shares of INR 10 each of the Company.
Consequently, 11,58,75,233 shares would be available as part of the Offer on August 30, 2017 for subscription to the Retail Investors.
OFS Issue Details for Retail Investors are as follows:
For further details please visit www.bseindia.com
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