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of <h1>DIPAM Achieves Major Success in CPSE IPOs, OFS, and Strategic Disinvestment; Revises Capital Restructuring Guidelines for 2024.</h1> In 2024, the Department of Investment and Public Asset Management (DIPAM) focused on value creation and strategic disinvestment of Central Public Sector Enterprises (CPSEs). Key achievements included successful Initial Public Offerings (IPOs) for entities like IREDA and MSTC Limited, and Offer for Sale (OFS) transactions for companies such as HAL and Coal India Limited, raising significant capital. DIPAM also revised guidelines on capital restructuring, aiming to enhance CPSE performance and shareholder returns. The government received substantial dividend payouts from CPSEs, reflecting strong financial management and investor confidence. Strategic disinvestment included the sale of Ferro Scrap Nigam Limited.
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