Public Market

Secondary Issues

Centre plans fresh stake sales in listed PSUs via OFS

Mint  

The government is preparing to initiate another round of minority stake sales in listed central public sector enterprises (CPSEs) through the offer-for-sale (OFS) route. This strategy is intended to accelerate progress toward the government’s disinvestment and asset monetisation goal of INR 80,000 crore for FY27.The government has successfully executed seven OFS deals earlier this fiscal year, raising over INR 20,000 crore across Coal India, NHPC (National Hydroelectric Power Corporation) and IRFC (Indian Railway Finance Corporation). The government continues to maintain a majority ownership in these entities.Companies such as Rail Vikas Nigam, Mazagon Dock Shipbuilders, and various fertiliser firms are being evaluated for the OFS route share sale.