The government has identified six profit making PSUs for exploring the capital markets in the current fiscal and listing on stock exchanges.

Here's a look at their individual company profiles:

1. MSTC IPO - MSTC Company Profile

2. North Eastern Electric Power Corporation (NEEPCO) IPO - Company Profile

3. Bharat Dynamics (BDL) IPO - Bharat Dynamics Company Profile

4. Garden Reach Shipbuilders and Engineers (GRSE) IPO - Company Profile

5. Mazagon Dock Shipbuilders (MDL) IPO - Company Profile

6. Mishra Dhatu Nigam (MIDHANI) IPO - Company Profile

Mazagon Dock Limited (MDL) is India's prime shipyard. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.

The shipyards of MDL were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934. The shipyard was nationalised in 1960 and is now a Public Sector Undertaking of the Government of India

MDL builds offshore oil drilling platforms. It operates facilities at Alcock, Mumbai and at Nhava Yard for construction of platforms with wellhead, water injection and production separator and glycol process capabilities, as well as jackup rigs, SBMs and other offshore structures.

Repair and maintenance jobs on offshore rigs are undertaken at Alcock; jackets up to 80 m length and 2200 T weight can be constructed. At Nhava, jackets up to 80 m length and 2300 T weight, main decks up to 550 T weight and helipads of 160 T weight can be constructed. The yard builds specialist vessels able to clean oil spills and fight fires on offshore drilling platforms. A welding training school develops and maintains welding techniques and procedures to acceptable standards and continuous update of welding techniques

If the recent news is anything to go by, the IPO market is all set to extend the craziness with the Government deciding to list six of its profit making public sector companies. The government has identified six profit making PSUs, including four from defence sector, for accessing the capital market in the current fiscal and listing on stock exchanges

The list of IPOs which are planned to hit the streets is MSTC, NEEPCO, Bharat Dynamics Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mazagoan Dock Shipbuilders Ltd and Mishra Dhatu Nigam Ltd. The government currently holds 100 per cent stake in all these six companies

Click below links to read company profile for each of above companies:

MSTC IPO - MSTC Company Profile

North Eastern Electric Power Corporation (NEEPCO) IPO - Company Profile

Bharat Dynamics (BDL) IPO - Bharat Dynamics Company Profile

Garden Reach Shipbuilders and Engineers (GRSE) IPO - Company Profile

Mazagon Dock Shipbuilders (MDL) IPO - Company Profile

Mishra Dhatu Nigam (MIDHANI) IPO - Company Profile