“We started with a few stake sales at the beginning of the year, we held up a bit in days of nervousness, but as markets have stabilised, we will bring in value creation opportunities for small investors. We will bring in more OFS, we will bring in minority stake sales, we will bring in few IPOs and we will speed up this journey,” Chawla said at Network18 Reforms Reloaded in New Delhi.
Asked about which sectors may see the next set of IPOs, the DIPAM secretary said insurance, defence space may see action.
“In these sectors you will see various forms of minority stake sales, through various SEBI-approved methods. We have a good target in mind,” Chawla said.
The secretary also said that ‘fingers are crossed’ and the government expects to beat the divestment aim this year.
“I would refute that disinvestment in India is dead,” he said.The government said in July that it is “difficult” to predict the exact amount of disinvestment proceeds for this fiscal year, as the outcome depends on several factors, including administrative feasibility, market conditions, the economic outlook, and investor interest. In a written reply in the Lok Sabha, minister of state for finance Pankaj Chaudhary said the FY26 budget estimate of Rs 47,000 crore under miscellaneous capital receipts reflects the total funds expected from the government’s management of equity investments and public assets through various channels, not just disinvestment.Meanwhile, Chawla said the government aims to exceed Rs 1,20,000 crore dividend this year.
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