Investors will be eager to buy shares of Coal India Ltd (CIL) and Indian Oil Ltd (IOL) when these big-ticket companies will companies issue share in the next few weeks, a banker close to developments related to government's plans to offload parts of its stakes in the companies said.

Speaking on the condition of anonymity, the banker claimed that the roadshows held in foreign countries for CIL, Indian Oil and other companies received very good response from investors.

Bankers, hired by the Government of India, have been meeting investors across the world to weigh their mood for the planned stake sales.

Speaking on the topic, the banker said, "We have received positive response from investors abroad and there is a demand for Coal India and Indian Oil paper. All meeting halls were full of investors abroad."

Government-owned CIL, the world's biggest coal miner by production, will be the first to issue shares. The government has plans to offload 5 per cent of its 90 per cent stake in miner, which has just floated a tender seeking to import five million tones of coal from foreing countries to meet soaring demand from power producers.

PowerGrid's is expected to launch its Rs 7,500-crore stake sale sometime in the first week of December; while Indian Oil Ltd's planned divestment plan is scheduled to take place by mid of December this year.