SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt to sell 15% stake in State Trading Corporation

10 May 2016 Evaluate

Inviting applications from merchant bankers to manage the offer for sale (OFS), the department of investment and public asset management (DIPAM) has said the government is planning to sell 15% stake in State Trading Corporation (STC).  The STC OFS could fetch about Rs 85 crore at current market prices.

The STC stake sale is in addition to over a dozen companies DIPAM has lined up for disinvestment in the current fiscal to raise 36,000 crore from minority stake sales in PSUs. It will raise another 20,500 crore from strategic stake sales. Other PSUs lined up for disinvestment include Oil India, NMDC, Coal India, Oil and Natural Gas Corporation, Hindustan Aeronautics and Power Finance Corporation. Besides, DIPAM is in the process of appointing merchant bankers for stake sales in National Fertilisers (15%) and Rashtriya Chemicals and Fertilisers (5%), Oil India (10%) and NMDC (10%).

In April, the government kick-started its disinvestment process for the current fiscal with 11.36 percent stake sale in state-controlled hydropower producer NHPC at Rs 21.75 per share through an offer for sale which was likely to fetch the exchequer over Rs 2,700 crore.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: