All the companies which are in the list and waiting to be disinvested eventually saw themselves gaining 4 per cent in the markets. This happened after there was good response to SJVNL public issue got good response from the market.

SJVNL IPO got over subscribed 6.61 times. The good part is that even the retail investors showed their interest in it and the portion kept for them was oversubscribed 3.11 times.

Most important companies which are going to be disinvested soon are Engineers India, STC India, Hindustan Copper and Dredging Corporation.

The government plans to raise close to Rs. 40,000 crore this fiscal through disinvestment. SJVNL was inline with this strategy and the latest reports suggest that it would get the government Rs. 1,000 crore.

The price band for SJVNL was fixed at Rs. 26 per share.

First after this is expected to be Engineers India, which will be coming with public issue in June. Till now, the share of the company has gained 15 per cent and was last seen at Rs. 442.

Next will be Coal India, the issue of which will come in August and then will be Hindustan Copper. SAIL and Power Grid are booked for November.