Secretary, DIPAM
@SecyDIPAM
Followers
21,264
Following
10
Media
500
Statuses
595
Secretary, Department of Investment and Public Asset Management, @FinMinIndia
New Delhi, India
Joined April 2017
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Madison Square Garden
• 920771 Tweets
Puerto Rico
• 279257 Tweets
Washington
• 274436 Tweets
Tony
• 159537 Tweets
Nazis
• 152872 Tweets
Boulos
• 140998 Tweets
Jets
• 133716 Tweets
Ferrari
• 114089 Tweets
Commanders
• 112047 Tweets
Bears
• 105504 Tweets
Verstappen
• 102861 Tweets
Santiago
• 101739 Tweets
Norris
• 98521 Tweets
Nunes
• 96800 Tweets
Fortaleza
• 96684 Tweets
Latinos
• 94454 Tweets
Browns
• 91744 Tweets
Tarcísio
• 89389 Tweets
Saints
• 82723 Tweets
Bad Bunny
• 81734 Tweets
Ravens
• 76696 Tweets
Lawson
• 72608 Tweets
Hail Mary
• 63904 Tweets
Dr. Phil
• 61513 Tweets
Jayden Daniels
• 60649 Tweets
Melania
• 51009 Tweets
#GHDBT8
• 44116 Tweets
Raiders
• 43702 Tweets
Servel
• 41937 Tweets
Oprah
• 38261 Tweets
Porto Alegre
• 33755 Tweets
#HalloweenHavoc
• 29426 Tweets
Bucks
• 26317 Tweets
Puente Alto
• 25930 Tweets
Cowboys
• 24737 Tweets
Riestra
• 21152 Tweets
Viña
• 19567 Tweets
#RaiseHail
• 17420 Tweets
Maipú
• 14709 Tweets
#CHIvsWAS
• 12332 Tweets
Share Purchase Agreement signed today by Government with Tata Sons for strategic disinvestment of Air India.
76
351
3K
Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government decision as and when it is taken.
136
761
3K
Ministry of Railways has decided to withdraw the decision on IRCTC convenience fee
255
285
2K
The DRHP of LIC IPO has been filed today with the SEBI.
32
294
2K
The strategic disinvestment transaction of Air India successfully concluded today with transfer of 100% shares of Air India to M/s Talace Pvt Ltd along with management control. A new Board, led by the Strategic Partner, takes charge of Air India.
53
207
1K
The IPO is 100% OFS by GOI and no fresh issue of shares by LIC
For filing valuation about 31.6 cr shares are on offer representing 5% equity.
19
169
832
Privatisation process of BPCL moves ahead with BPCL Board deciding to exit from NRL at a consideration of Rs 9875.96 Cr for its 61.65% stake with transfer of control. OIL, EIL and Government of Assam will be picking up the stake.
44
107
518
Some media speculation doubting the feasibility of LIC IPO this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal.
80
97
397
The IPO of MDL closed today with an overwhelming response from investors in all the categories. The issue was subscribed more than 157 times. We thank all the investors for their interest.
37
67
393
Multiple Expressions of Interest received for the Strategic Disinvestment of Govt and LIC Stake in IDBI Bank. The transaction will now move to the second stage.
75
91
390
Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage.
40
95
365
1.Government approves the winning bid of M/s Tata Sons’ SPV (M/s Talace Pvt Ltd) for Air India disinvestment at an enterprise value of Rs 18000 crore.
19
66
361
Government has received about Rs 100 crore from IRCTC as dividend tranche.
3
23
322
Expression of Interest is invited for Strategic Disinvestment of specified GoI and LIC stakes in IDBI Bank along with tranfer of management control. Details are at
124
127
319
For strategic disinvestment of BPCL, multiple expressions of interest have been received by the Transaction Advisor. The Transaction will move to the second stage after scrutiny by TA.
37
53
308
Government approves strategic buyer for Neelachal Ispat Nigam Ltd located in Odisha. The highest bid of Rs12,100 crore by M /s Tata Steel Long Products Ltd is accepted
47
92
304
Government has approved the highest bid of M/s Star9 Mobility Pvt Ltd for sale of GoI stake of 51% in Pawan Hans Limited. The transaction now moves to the concluding stage.
33
87
292
India’s first corporate Bond ETF, Bharat Bond ETF, has received a great response from investors across different segments.The issue was oversubscribed approximately 1.7 times, collecting about INR 12000 crores. Information is subject to further updates.
24
72
282
Govt has issued the PIM/EOI for disinvestment of 26% equity share capital of BEML Ltd along with transfer of management control.Disinvestment will be through a two stage competitive bidding process.
32
62
287
Offer for Sale of Govt shares in SAIL got great response on day one. Issue subscribed 4.14 times of base size at a clearing price above the floor price by non- retail investors . Govt has decided to exercise the green shoe option. Retail investors get chance to bid tomorrow.
34
63
271
Multiple Expressions of Interest have been received for privatisation of Shipping Corporation of India Limited. The transaction will now move to the second stage.
38
60
269
Financial bids for strategic disinvestment of Central Electronics Ltd (CEL) received by Transaction Adviser. The process now moves to concluding stage.
31
53
267
Multiple expressions of interest have been received for strategic disinvestment of Air India. The Transaction will now move to the second stage.
22
43
246
LIC has 66% market share in New Business Premiums with 283 mn policies and 1.35 mn agents as of 31st March 21.
Embedded value of LIC as on 30th Sep 21 is Rs 5,39,686 cr(about INR 5.4 trillion)
9
53
243
Multiple Expressions of Interest received for the privatisation of BEML. The transaction will now move to the second stage.
23
33
216
LOI issued to the successful bidder in the strategic disinvestment transaction of AI. SPA will be signed soon.
21
42
220
RFP issued for selecting Book Running Lead Managers and other advisers for LIC IPO. Details at DIPAM website.
109
63
210
Multiple expressions of interest received for privatisation of Neelachal Ispat Nigam Ltd.(NINL). The transaction moves ahead to the second stage, on schedule.
26
44
210
Government approves strategic disinvestment of Central Electronics Ltd on conclusion of competitive bidding process. Details are at
65
54
204
Government has received about Rs 3668 crore from Coal India Ltd and Rs 21 crore from Telecommunications India Ltd as dividend tranches.
66
28
210
LIC IPO closed today with enthusiastic subscription in all categories. We thank all investors for their response.
@PMOIndia
@nsitharaman
@nsitharamanoffc
@DrBhagwatKarad
@NITIAayog
@FinMinIndia
@PIB_India
@DDNational
@airnewsalerts
26
23
201
Government has received about Rs 690 crore from BPCL as dividend tranche.
9
26
201
Offer for Sale of Govt shares in IRCTC got great response on day one. Issue subscribed 1.98 times of base size at a clearing price above the floor price by non- retail investors . Govt has decided to exercise the green shoe option. Retail investors get chance to bid tomorrow.
31
23
194
Financial bids received for strategic disinvestment of Neelachal Ispat Nigam Limited. Process now moves to concluding stage.
145
51
187
The IPO of IRFC closed today with an enthusiastic response from investors in all the categories. Against an amount of Rs 3244 cr to be raised(ex-anchor)bids of more than Rs 11200 cr have been received.We thank all the investors for their interest.
13
47
187
Govt received final dividend of Rs.6665 crore from BPCL for the FY 2020-21. This includes special dividend on account of gains especially on sale of BPCL's stake in Numaligarh Refinery in March, 2021.
31
42
186
The OFS of SAIL closed with strong interest from retail investors. Retail portion was subscribed about 5.22 times. We thank all investors for their participation and making the transaction successful.
43
32
176
Government has respectively received about Rs 2182 crore and Rs 460 crore from IOCL and BPCL as dividend tranches.
3
23
174
An unfounded story by a news-wire agency incorrectly speculates that public sector companies may be allowed to bid for BPCL disinvestment. The EoI was invited only from the private sector. With the receipt of multiple EoIs, process has advanced to the Second stage.
28
44
158
Disinvestment of Govt holding completed of 16.12% in TCL through OFS at Rs 5,457 cr and 10% to strategic partner at OFS discovered price for Rs 3,389 cr .With this, Government exits from TCL with total proceeds of Rs about Rs 8,846 cr.
16
23
150
Non core asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal. Link of the portal can be accessed at
77
49
151
Government has respectively received about Rs 2408 crore and Rs 1745 crore from ONGC and IOCL as dividend tranches.
1
21
157
Government has received about Rs 321 crore from NHPC Ltd as dividend tranche.
1
15
154
The strategic disinvestment transaction of NINL completed today with transfer of 93.71% shares of the company by 6 JV partners and shareholders to TSLP, a subsidiary of Tata Steel.
31
49
153
Government has received Rs 2424 crore from Indian Oil Corporation Ltd as dividend tranche.
0
23
146
Offer for Sale in SJVN received enthusiastic response from non-retail investors today. The issue was subscribed 2.4 times of the base size. Govt has decided to exercise the green shoe option. Retail investors get to bid tomorrow.
41
35
154
RVNL OFS closed with good interest from investors. With this, RVNL is now MPS compliant. We thank all investors for their participation.
14
35
150
Government has received about Rs 44 crore from Balmer Lawrie Investment Ltd as dividend tranche.
1
13
149
Government has respectively received about Rs 4180 crore and Rs 575 crore from ONGC and BPCL as dividend tranches.
24
28
138
Total dividend receipts from CPSEs in FY 2020-21 have touched Rs 39,022 crore, which exceeds the Revised Estimate (RE) of Rs 34,717 crore, and is more than actual dividend receipts (Rs 35,543 crore) during the previous financial year.
21
30
141
GoI has received about Rs 1074 crore and Rs 74 crore respectively from SAIL and RCFL as dividend tranches.
26
28
142
Bharat – 22 ETF FFO a big success. It attracted applications for Rs.14,000 cr. The issue saw wide FII participation under the Anchor and QIB category. The GoI has the option to retain the oversubscribed portion to the extent of Rs.2,400 cr beyond the issue size Rs 6000 Cr
9
74
95
IRCON, NHPC, CONCOR, and Hindustan Copper Ltd have respectively paid about Rs 148 crore, Rs 294 crore, Rs 67 crore and Rs 24 crore as dividend tranches to GoI.
42
22
132
Today CCEA has granted in-principle approval for strategic disinvestment and transfer of Management Control in IDBI Bank Limited. Both LIC and Govt stake to be disinvested. Extent of stake sale to be determined later.
33
58
129
Government has received about Rs 1223 crore from Coal India Ltd as dividend tranche.
9
19
131
For the strategic disinvestment of Shipping Corporation of India (SCIL) EoI and PIM have been published.
16
40
129
Government has received about Rs 333 crore from PFC as dividend tranche.
5
17
130
Offer for Sale in IRCTC opens tomorrow for Non Retail investors. Day2 for retail investors. Govt. would divest 15% equity with a 5% green shoe option.
11
26
128
Government of India has respectively received about Rs 1560 cr crore from NTPC and Rs 1033 cr from PGCIL as dividend in this FY recently.
32
21
130
2.Non-core assets including land and buildings with book value of INR 14,718 crore will not be given to the acquirer but will be transferred to GOIs AIAHL
4
20
120
CPSE ETF FFO 5 oversubscribed by more than 5 times. Against Base Issue size of Rs.8,000 Cr, a subscription amount of more than Rs.40,000 crores was received till 5.00 pm today. Govt exercises green shoe option taking the offer size to Rs 11,500 cr.
18
33
124
Offer for sale in RVNL opens tomorrow for non-retail investors. Retail investors can bid on Friday. Government will divest 5.36% equity including a Green Shoe option of 1.96%.
6
27
127
Government has selected Milliman Advisors LLP India as the Reporting Actuary for the Embedded Value of LIC. Work to start soon.
15
36
122
CCEA on 27th Jan 2021 has given in principle approval for 100% strategic disinvestment of GOI shareholding in RINL along with management control by way of privatization.
83
43
119
Government has received Rs 52 crore, Rs 24 crore and Rs 94 crore respectively from NBCC, Cochin Shipyard Ltd, and NALCO as dividend tranches.
14
19
116
Government has respectively received about Rs 869 crore and Rs 215 crore from IRFC and Oil India Ltd as dividend tranches.
43
20
119
Government has respectively received about Rs 2140 crore and Rs 614 crore from Coal India Ltd and Oil India Ltd (OIL) as dividend tranches.
6
28
116
Requests for Proposal for engagement of Transaction and Legal Advisors in the Strategic Disinvestment and transfer of Mgmt Control in IDBI Bank issued today.
108
28
118
DIPAM celebrates 75 years of Independence and
Azadi ka Amrit Mahotsav on 10th June,2022 at 4:00PM in 75 cities covering all the States and Union Territories across India.
#DIPAMCelebratesAKAM
#AmritMahotsav
#FinMinIconicWeek
#DIPAMIconicDay
9
45
117
SPA signed today by JV partners of NINL with Tata Steel Long Products. The disinvestment transaction now moves to the closing stage.
7
24
115
Dividend receipts of GoI from CPSEs stand at about Rs 30,369 crore in the current financial year (as on 22.3.2021).
18
32
110
Government of India has respectively received about Rs 1426 cr from Coal India Ltd and Rs 1406 cr from ONGC as dividend in this FY recently.
4
18
113
Government has received about Rs 370 crore from ONGC Ltd. as dividend tranche.
3
14
111
Total DIPAM receipts in 2020-21 stand at Rs 71,857 crore, which include disinvestment receipts of Rs 32,835 crore and dividend receipts of Rs 39,022 crore.
18
18
105
Offer for Sale of Government shares in TCL got great response on Day 1. Issue subscribed 2.19 times of base size at a clearing price above the floor price by non-retail investors. Govt. has decided to exercise the green shoe option. Retail investors get chance to bid tomorrow.
21
19
109
Government has received about Rs 1701 crore from Power Grid Corporation of India Ltd. (PGCIL) as dividend tranche.
4
16
108
Government has received about Rs 148 crore from Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) and Rs 72 crore from Rail Vikas Nigam Ltd ( RVNL) as dividend tranches.
11
23
105
Government has received about Rs 67 crore from CONCOR as dividend tranche.
9
27
103
The second series of Bharat Bond ETF received an outstanding response, oversubscribed more than 3 times, estimated collection around Rs. 10,000 crores with wide participation across categories. Final numbers are still being tallied and will be released by Monday.
12
41
106
Offer for Sale of SUUTI shares in Axis Bank got good response on day one. Issue subscribed over 4 times of base size at a clearing price above the floor price by non-retail investors. SUUTI has decided to exercise the green shoe option.Retail investors get chance to bid tomorrow.
8
32
105
‘Offer for Sale’ of Govt equity in HCL received enthusiastic response from Non-retail investors today. The Issue was subscribed 1.41 times of base size. Govt has decided to exercise green-shoe option. Retail investors get opportunity to bid tomorrow.
13
11
104
‘Offer for Sale’ for 1.5% equity stake sale in ONGC, including 0.75% Green Shoe option opens tomorrow. Retail investor can bid on Thursday.
9
17
104
Multiple expressions of interest received for privatization of HLL Lifecare Limited (HLL). The transaction moves ahead to the next stage.
8
22
104
Government has respectively received about Rs 283 crore, Rs 575 crore and Rs 30 crore from NALCO, BPCL and MSTC as dividend tranches.
11
11
103
Government has respectively received about Rs 671 crore and Rs 187 crore from SAIL and BEL as dividend tranches.
15
25
100
Government has respectively received about Rs 790 crore and Rs 134 crore from IRFC and SAIL as dividend tranches.
3
17
103
Government has received about Rs 5001 crore from ONGC as dividend tranche.
8
21
103
DIPAM, Ministry of Finance celebrates "Azadi Ka Amrit Mahotsav" on 10.06.2022 at 4:00 PM in 75 cities across India. Please register here for free
…
#DIPAMCelebratesAKAM
#AmritMahotsav
#FinM
8
32
102
IRCTC IPO has evoked tremendous response from all the categories of investors, with the issue being subscribed more than 111 times. The issue, which divested 12.6% of GoI’s stake in the CPSE is expected to generate a revenue of Rs 645 cr. It is the 2nd CPSE to be listed this fisc
6
24
97
The second day of SJVN OFS closed with good interest from retail investors with 2.4 times subscription. We thank all investors for their participation.
4
11
100
Government has respectively received about Rs 508 crore, Rs 30 crore and Rs 15 crore from NMDC, IREL (India) Ltd and MSTC as dividend tranches.
3
12
97
Government has received Rs 134 crore from CONCOR as dividend tranche.
31
13
92
Government has received about Rs 251 cr from HAL as dividend tranche.
4
14
98
Railtel IPO received great demand from all categories of investors and was subscribed more than 42 times. We thank all investors for their participation.
29
15
94
5.The Letter of Intent (LOI) will be issued and the Share Purchase Agreement (SPA) will be signed with the successful bidder. After regulatory and other approvals, the transaction is expected to close by December 2021.
12
13
94
GAIL Buyback of shares fully subscribed. Government received Rs.747 cr out of total buyback size of Rs. 1046 cr. The CPSE continues to be a Government company with 51.45% shareholding.
11
17
95