Upcoming Government PSU IPOs in 2025 in India

First and foremost, 2025 is coming with 3 main government PSU IPOs, NLC India Green Energy, Bharat Coking Coal & Central Mine Planning and Design Institute, and Canara Robeco Asset Management. Moreover, wherein, BCCL has filed DRHP for IPO, and the rest of these companies are planning for the next process, according to sources. There is a possibility to hit the market with these IPOs.

These 3 IPOs might come with a bumper listing and provide a fresh chance for retailers to gain as much as possible and take them over the moon. 

What are Government PSU IPOs?

Simply said, a government PSU (Public Sector Undertaking) IPO means the government is selling its few % stakes to the public. Moreover when the government sells its stakes that indicates they are selling their positions from the company. Further, it has many benefits like raising capital and used for the right purposes, and improving market efficiency because a company performs better once it is listed in the stock market. 

Moreover, an upcoming government IPO is coming soon and investors have a chance to get profit from it.

List of Upcoming IPOs of Government PSU (Tentative)

IPO NameDateDRHPRHP
NLC INDIA GREEN ENERGYTBAClick HereClick Here
BHARAT COKING COAL & CENRAL MINE PLANNING AND DESIGN INSTITUTETBAClick HereClick Here
CANARA ROBECO ASSET MANAGEMENTTBAClick HereClick Here
NHPC RENEWABLE ENERGYTBAClick HereClick Here
SJVN GREEN ENERGYTBAClick HereClick Here
IIFCLTBAClick HereClick Here
ONGC GREENTBAClick HereClick Here
ECGC LTDTBAClick HereClick Here
NORTH EASTERN ELECTRIC POWER CORP.LTDTBAClick HereClick Here
WAPCOS LTDTBAClick HereClick Here
BRAITHWAITE & CO.LTDTBAClick HereClick Here
NTPC RENEWABLE ENERGY LTDTBAClick HereClick Here
NTPC-SAIL POWER CO.LTDTBAClick HereClick Here
CENTRAL BANK OF INDIA FPOTBAClick HereClick Here
JAMMU & KASHMIR BANK LTD FPOTBAClick HereClick Here
PUNJAB & SIND BANK FPOTBAClick HereClick Here
STATE BANK OF INDIA FPOTBAClick HereClick Here
UCO BANK FPOTBAClick HereClick Here

1. NLC India Green Energy

NLC India is also known as a Neyveli Lignite Corporation and it is a government-owned company in India. This company has decided to increase its renewable energy capacity from 1.4 gigawatts (GW) to 10 GW by 2030, a nearly seven-fold jump. Moreover, this is preparing for IPO launching and generating capital which will help to succeed in 2025-26, said by Chairman and Managing Director, Prasanna Kumar Motupalli. Over the past year, the company has a market capitalization of ₹35,913.89 crore, and its shares have gained nearly 43%. 

2. Bharat Coking Coal & Central Mine Planning and Design Institute

Coal India made plans to launch its two subsidiaries, Bharat Coking Coal (BCCL) and the Central Mine Planning and Design Institute by IPO in 2025, according to media reports. They have a plan that comes with DRHP (Draft Red Herring Prospectus). BCCL became profitable and paid off its debts, posting a net profit of Rs 645.01 crore for 2022-23, a big jump from Rs 111.62 crore the year before. CMPDI also raised profits, Rs 296.66 crore in FY23, up from Rs 282.12 crore in FY22.

3. Canara Robeco Asset Management

Canara Robeco Asset Management and in quarters 1 and 2 of 2026. says MD & CEO Satyanarayana Raju. The government approved this bank’s taking more than 30% stakes in these two sub-branches, which was not allowed before, per the rules. This would be appropriate to enhance market presence and shareholders’ value. During this process, the bank decided to sell 14.5% ownership of this company.  As per the sources, it could be said that Canara Robeco Asset Management IPO might come in the fourth quarter of the current financial year.