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Government Targets GAIL Gas IPO by FY2028, Aims for ₹3,100 Crore
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GAIL Gas IPO Planned for FY28, Aims to Raise ₹3,100 Crore
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CNBC TV18
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24-02-2026, 11:17
GAIL Gas IPO Planned for FY28, Aims to Raise ₹3,100 Crore
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Ministry proposes transferring GAIL's city gas distribution stakes to GAIL Gas for restructuring.
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GAIL Gas to be listed, with a minority stake diluted through an IPO expected to raise ₹3,100 crore.
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Part of government's Asset Monetisation Pipeline 2.0, with CPSEs divesting subsidiary stakes between FY27-FY30.
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Coal India targets ₹48,350 crore from subsidiary stake dilution; power sector aims for ₹31,000 crore.
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AAI to divest stakes in one subsidiary and four JVs for ₹12,550 crore; Hotel Ashok and Samrat redevelopment planned for ₹1,200 crore.
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