I read the press release on the disinvestment of BHEL today, and thought of creating a list of all disinvestment IPO candidates in India this year. In the past we have seen that these IPOs are bunched together ,and it isn’t till very close to the IPO when they really start appearing in the news.
So far this year only the PFC FPO has taken place, and that means there is still a long way to go if the government wants to meet its target of Rs. 40,000 crores (unrealistic now).
This list will keep all the disinvestment candidates at one place, and will hopefully be updated many days before the IPO opens. I also want to track the performance of each of these IPOs to take a look at the end of the financial year to see how they fared. The performance of all IPOs last year wasn’t good, and it will be interesting to see if the trend changes this time.
With that said, here is a list of all companies that I know of that hope to see disinvestment IPOs this year.
| S.No. | Name | Issue Size | Open Date | Close Date | Issue Price | Listing Date | Listing Price | Gain / Loss |
| 1 | BHEL | |||||||
| 2 | National Building Construction Corporation | |||||||
| 3 | NALCO | |||||||
| 4 | ONGC | |||||||
| 5 | SAIL | |||||||
| 6 | Hindustan Copper | |||||||
| 7 | Visakha Steel Plant | |||||||
| 8 | MMTC | |||||||
| 9 | Scooters India Ltd | Possible strategic sale | ||||||
| 10 | Indian Oil Corporation | |||||||
| 11 | HMT Bearings | Possible strategic sale | ||||||
| 12 | PFC IPO | Rs. 4,650 cr. | May 10 2011 | May 13 2011 | Rs. 203 | Already listed since it was an FPO | Already listed since it was an FPO | – |
Suggestion: Have a column called Issue Type and mention IPO/ FPO/ Strategic Sale in that column.
Thanks Ashok – that makes sense, and I will add those columns the next time I update this post.