The government is considering exercising greenshoe option worth Rs 4,000-6,000 crore in the Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF FF03) over the base issue size of Rs 8,000 crore.
CPSE ETF, which works like a mutual fund scheme, is an instrument with which the government divests its stake in the CPSEs without hitting the secondary market directly with individual PSUs.