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 Name | Date | DRHP | RHP |
NLC INDIA GREEN ENERGY | TBA | Click Here | Click Here |
BHARAT COKING COAL & CENRAL MINE PLANNING AND DESIGN INSTITUTE | TBA | Click Here | Click Here |
CANARA ROBECO ASSET MANAGEMENT | TBA | Click Here | Click Here |
NHPC RENEWABLE ENERGY | TBA | Click Here | Click Here |
SJVN GREEN ENERGY | TBA | Click Here | Click Here |
IIFCL | TBA | Click Here | Click Here |
ONGC GREEN | TBA | Click Here | Click Here |
ECGC LTD | TBA | Click Here | Click Here |
NORTH EASTERN ELECTRIC POWER CORP.LTD | TBA | Click Here | Click Here |
WAPCOS LTD | TBA | Click Here | Click Here |
BRAITHWAITE & CO.LTD | TBA | Click Here | Click Here |
NTPC RENEWABLE ENERGY LTD | TBA | Click Here | Click Here |
NTPC-SAIL POWER CO.LTD | TBA | Click Here | Click Here |
CENTRAL BANK OF INDIA FPO | TBA | Click Here | Click Here |
JAMMU & KASHMIR BANK LTD FPO | TBA | Click Here | Click Here |
PUNJAB & SIND BANK FPO | TBA | Click Here | Click Here |
STATE BANK OF INDIA FPO | TBA | Click Here | Click Here |
UCO BANK FPO | TBA | Click Here | Click 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.