The Centre may list Hindustan Aeronautics (HAL), RITES and Indian Railway Finance Corporation (IRFC) to raise about Rs 5,200 crore this fiscal, even as disinvestment via the initial public offering route has touched a record high this year. The government is likely to mop up another Rs 1,500 crore through the buyback programme of some PSUs including a railways firm, an official told FE. The Centre has garnered Rs 92,500 crore so far in FY18 and needs another Rs 7,500 crore to meet the revised target of Rs 1 lakh crore for the year. These IPOs, buybacks and an offer for sale (OFS) in a PSU would suffice to meet the revised target this year, the official said. Listing of HAL which has been hanging fire since 2011 could finally go through next month. The government will likely sell a 10% stake HAL to raise around 2,000 crore. Pending the IPO, the unlisted firm\u2019s buyback of shares fetched the Centre Rs 921.5 crore in disinvestment revenues in FY18 and Rs 4,284.37 crore in FY16. HAL had net worth of Rs 12,537 crore as on March 31, 2017. The IPOs of profitable rail PSUs \u2014 Indian Railway Finance Corporation (IRFC) and RITES \u2014 are on track to hit the market next month, officials said. The size of the government stake sale in these units would be announced closer to the date of the IPO, but will be 10-15%. Up to 15% stake sale in these two rail units might fetch the Centre up to Rs 3,160 crore (IRFC - Rs 2,700 crore and RITES - Rs 460 crore). The DIPAM has approval for diluting up to 25% in these rail PSUs, which are wholly owned by the Centre. IRFC, which posted a net profit of Rs 942 crore in 2016-17, is a financial services company and mobilises funds for railways. RITES is a consultancy firm in the fields of transport, infrastructure and related technologies. Separately, buyback by some unlisted PSUs, including a railways unit, could fetch the government another Rs 1,500 crore this year. Buybacks by nine PSUs have fetched Rs 8,383 crore to the Centre so far in FY18. Even though PSU IPOs hit market after a gap of five years, the Department of Investment and Asset Management piloted mega listings of General Insurance Corporation, New India Assurance, HUDCO and Cochin Shipyard to mobilise Rs 19,035 crore so far in FY18. The previous highest disinvestment receipt from PSU listings was Rs 17,500 crore in FY11. Prior to FY18, the last PSU IPO to hit market was that of NBCC in March 2012.