Share price of NPCIL

Hello sir I want to know the latest share price of NPCIL so please provide me details of this company about these prices.

[Shaleen]

The government plans to sell 10 per cent of its stake in Nuclear Power Corporation of India Ltd (NPCIL) through an initial public offering (IPO) that will list the company on the stock exchanges.

About the prices of NPCIL

At book value, the sale will fetch the government about Rs 2,500 crore but the actual realization can be much higher depending on the pricing and timing of the issue.

The Department of Disinvestment in the Ministry of Finance circulated a draft note seeking comments from concerned ministries on divestment of 10 per cent out of Government's 100 per cent shareholding in the company, sources privy to the development said.
After comments of concerned ministries are received, the issue will be put up before the Cabinet Committee on Economic Affairs (CCEA) for approval.

NPCIL has a paid up equity capital of Rs 10,174.33 crore comprising of 10.17 crore shares each having a face value of Rs 1000.

Prior to the divestment, the shares will be split to bring down the face value to Rs 10.

Post split, 101.74 crore share of Rs 10 each or 10 per cent government shareholding, will be divested in domestic market.

NPCIL had reported a net profit of Rs 1,906 crore on a turnover of Rs 7,914 core in 2011-12.

It had a networth of Rs 25,428 crore.

Sources said a 5 per cent price discount on the upper end of the price band may be allowed for the retail investors in the proposed IPO of NPCIL.

The IPO will provide reservation to employees of NPCIL.

About the company

NPCIL generates electricity using nuclear energy through 19 nuclear power reactors located at six sites, with an aggregate installed capacity of 4,680 MW.

In addition, the company also generates 10 MW electricity from wind mills at Kudankulam

It is constructing six nuclear power reactors with an aggregate capacity of 4,800 MW.

Sources said NPCIL has an authorised capacity of Rs. 15,000 crore, of which Rs. 10,174.33 crore is paid-up capital.