DIPAM | Recent Disinvestments

CPSEs Disinvestment

Recent

S. No	Name of CPSEs	% of GoI's Shares Disinvested	Method of Disinvestment	Receipts (in Rs. Crore)	GoI's Shareholding Post Disinvestment
1	ONGC	1.5	OFS	3026.23	58.91
2	ONGC	0.0	Employee OFS	32.55	0.0
3	LIC	3.5	IPO	20516.12	96.5
4	PPL	19.55	OFS	471.5	0.0
5	GAIL	0.0	BB	497.27	0.0
6	NINL	0.0	SD	0.0	0.0
7	Others (Sale of Axis Bank Shares held by SUUTI)	0.0	OTHERS	3839.0	0.0
Total Sum				28,382.67

NINL

NOTE 1: NINL was a Joint Venture company, in which 4 CPSEs namely MMTC, NMDC, BHEL and MECON and 2 State PSUs of Odisha Government; namely IPICOL and OMC were share-holders. GOI holds no equity in NINL.

NOTE 2: The highest bid of M/s Tata Steel Long Products Limited for 93.71% of shares of Joint Venture partners of 4 CPSEs and 2 Odisha Govt State PSEs at the Bid Enterprise Value of Rs. 12,100 cr. was accepted by the government.