NHPC Oversubscribed 23.73 Times : IPO Closes

Here is the final status of the NHPC IPO

Total Issue Size	1677374015
Total Bids Received	39811363550
Total Bids Received at Cut-off Price	1792735000
No. of times issue is subscribed	23.73

Mutual Funds : Acronym Funds

Mutual Funds are now a days coming up with catchy names. These can be expanded to see elaborate names of these funds.

Here are few.

ICICI Prudential R.I.G.H.T. Fund ( Closed Ended ELSS scheme)
RIGHT -->Rewards of Investing and Generation of Healthy Tax Savings

DSP BlackRock India T.I.G.E.R Fund ( Open Ended diversified scheme)
TIGER --> The infrastructure Growth and Economic Reforms

Canara Robeco F.O.R.C.E Fund (Open Ended sectoral scheme)
FORCE -->Financial. Opportunities, Retail Consumption & Entertainment Fund

Sundaram BNP Paribas S.M.I.L.E Fund ( Open Ended Midcap small cap fund)
SMILE --> Small & Medium Indian Leading Equities

SBI Magnum COMMA fund
COMMA --> Commodities of Oil& Gas, Metals, Materials & Agriculture .

We have to see how catchy their returns are as their names :-)

NHPC IPO SUBSCRIPTION : CLOSES TOMORROW

NHPC IPO is going to close tomorrow. It is already subscribed 6.16 times.

Retail Investors have over subscribed 1.2 times till now.