The government's Offer for Sale (OFS) in NHPC Limited has opened for retail investors after receiving an overwhelming response from institutional buyers on the first day of bidding. The strong demand prompted the government to exercise the entire green shoe option, doubling the stake sale from 3 percent to 6 percent.
The Indian primary market remains red-hot as five companies across diverse sectors—engineering, pharmaceuticals, and electronics—launch their public issues. With a combined target of over...
