NHPC Grey market price | NHPC ipo
NHPC ipo in grey market is quoting at premium of Rs 6. As HNI investor’s quota got subscribed 57 times so any HNI investor at least need Rs 42 listing price to break even.
So if NHPC IPO issue price is Rs36 then it will list at Rs41 – 42. as everybody knows that at P/E valuation of NHPC is quite expansive than listed NTPC.
At end my advice is get out of NHPC ipo on listing at what ever rate above Rs40 and wait for correction in price to near Rs25- 26.