06 Oct 07 NHPC IPO : National Hydro Electric Power Corporation IPO in Jan 2008

The National Hydro Electric Power Corporation IPO is likely to hit the markets in the first quarter of 2008. The NHPC IPO seems to have got delayed due to appointment of independent directors by the government, which is yet pending. With the prospect of mid term polls, the National Hydro Electric Power Corporation IPO which involves divestment of government’s stake through a offer for sale, doesn’t look likely and hence the NHPC IPO may face many more hurdles. National Hydro Electric Power Corporation is a leading Hydro Electric Power generation company and one of the most profitable PSU companies in India. After the huge returns that power grid ipo offered investors are looking forward for other PSU IPO’s.

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Reliance Power IPO gets CRISIL IPO Grade 4

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Sunil Hitech gets orders worth Rs. 820 million