Moreover, three state-owned firms - Mishra Dhatu Nigam Ltd, Hindustan Aeronautics and Bharat Dynamics - came out with their respective initial share-sales last month. Besides, RITES and Renewable Energy Development Agency (IREDA) had already approached Sebi with preliminary papers.
The IPO of RVNL, which builds infrastructure for high speed rail, will see sale of 208.5 million equity shares or 10 percent stake by the government.
Government plans to sell 990.5 million Ircon shares, or a 10.53 per cent stake in Ircon International, through the public float. Besides, the government will divest over 2 crore shares of Garden Reach Shipbuilders and Engineers.
The equity shares of these companies are proposed to be listed on BSE and NSE.