The Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India will disinvest upto 15% paid up equity of KIOCL out of Government of India shareholding of 99.06% through 'Follow-on Public Offer' in the domestic market.
KIOCL is Asia's largest iron ore mining and pelletisation complex and the country's biggest 100% export oriented unit engaged in the business of exporting high quality iron oxide pellets and pig iron.