Besides, the additional offering or Bharat-22 Exchange Traded Fund (ETF) garnered about Rs 10,000 crore to the exchequer. The issue got bids worth Rs 49,528 crore, with foreign investors pouring in Rs 38,000 crore and retail buyers Rs 2,000 crore.
In the sector of Oil, Indian Oil Corporation (IOC) brought Rs 2,647 crore to the disinvestment budget, while BHEL, NHPC and Cochin Shipyard garnered Rs 992 crore, Rs 398 crore and Rs 137 crore, respectively.
OFS of Coal India earned Rs 5,218 crore while sale of units of CPSE ETF garnered Rs 17,000 crore. Besides, sale of Bharat-22 ETF has fetched Rs 8,325 crore in June 2018.
The government has fixed disinvestment target of Rs 80,000 crore for the current fiscal ending March. For the next fiscal, the target has been set at Rs 90,000 crore.