The government could go for the first public offer of its 30 thousand crore rupees disinvestments programme next month. This was stated by Disinvestments Secretary Haleem Khan in New Delhi today. He was replying to a query on when the first issue would come out in the current market conditions. He, however, did not disclose which Public Sector company will go for disinvestment.
Last month, the initial public offer – IPO – of Rashtriya Ispat Nigam Ltd was deferred by the government due to weak market conditions.