DIPAM
No more extension of BPCL privatisation bid deadline: DIPAM SecyThe government had on four occasions extended the date of putting in the preliminary expression of interest for buying out the majority sta...
- IPOs, buybacks to fuel government’s divestment plan: Dipam Secretary
“We have made use of the market opportunities through three very successful transactions in the defence sector... There are IPOs planned,” ...
- Stocks in the news: HUL, L&T, Britannia, M&M, ACC and BPCL
Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmed...
- Government asks PSUs to reward shareholders: Report
The government is looking to boost divestment proceeds via buybacks. It has asked public sector units to either buyback shares or spend on ...
- LIC IPO may spill over to next fiscal
DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages and only after the four stages converge, then a ...
- Govt working on giving flexibility to Air India bidders to decide on debt: DIPAM Secy
As per the Air India EoI floated by DIPAM in January, of the airline's total debt of Rs 60,074 crore as of March 31, 2019, the buyer would ...
- HAL OFS received enthusiastic response from non-retail investors: Dipam Secy
"Offer for sale of 15% government shares in HAL was subscribed 1.60 times by non-retail investors. The government has decided to exercise t...
- IRCTC stake sale: Merchant banker bid date extended till September 14
The department of investment and public asset management (Dipam) has invited bids from merchant bankers and brokers to divest 15-20% of the...
- Government raises Rs 770 cr from Bharat Dynamics stake sale
“BDL OFS concluded today with a total subscription of about 2.34 crore shares worth Rs 770 crore from institutional and retail investors,” ...
- IRCTC slips 3% after reports govt plans to 15-20% sell stake
Last month, the Department of Investment and Public Asset Management (DIPAM) had invited bids from merchant bankers by September 10 for man...
- Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe
The government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece.
- Govt to sell 15-20% stake in IRCTC via OFS
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company ...
- Department of Investment and Public Asset Management to sell assets with min Rs 100 crore value
Assets valued below this threshold will be monetised by the respective ministry or department of the CPSE or PSU, the department said in an...
- Government issues multiple clarifications on BPCL stake sale
The government said it will consider the consolidated net worth of a bidder including that of its parent if a bidder has placed the bid on ...
- Govt seeks financial bids from property consultancy firms for monetising MTNL assets
DIPAM added that the consultancy firms empanelled will be required to prepare the 'Feasibility Report' in about three weeks for each of the...
- Facing revenue constraints, Centre looks at PSUs for higher dividends
Official sources said PSUs with stock prices higher than the book value and having sufficient cash funds will be asked to shell out higher ...
- LIC IPO: DIPAM invites bids from transaction advisors
Kick-starting the process of LIC disinvestment, the Finance Ministry on Friday invited bids from consulting firms, investment bankers, and ...
- Government to reduce IRCTC shareholding via offer for sale
The department of investment and public asset management (Dipam) has invited bids from merchant bankers and brokers to divest part of the g...
- Government to leverage public offers, buybacks for divestment plan
Encouraged by the response to the Mazagon Dock Shipbuilders IPO, the government will prioritise public offers at an 'attractive price' and ...
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