Archive · 24 Dec 2025
Coal India Plans More IPOs After BCCL
Coal India, a big company that mines coal, is planning to list three of its subsidiaries on the stock market.
The first one, Bharat Coking Coal Limited (BCCL), is getting ready for an IPO worth ₹1,300 crore.
This IPO is expected to happen soon and will help Coal India sell some of its shares in BCCL.
The other two subsidiaries, Mahanadi Coalfields Limited (MCL) and South Eastern Coalfields Limited (SECL), will also be listed in the future.
The Ministry of Coal asked Coal India to do this to make the company more transparent and to help the stock market grow.
BCCL is a big producer of coal used in making steel and has no debt.
The IPO will not give BCCL any new money but will help Coal India by selling some of its shares.
The stock price of Coal India has been going up, and it has given big returns to investors over the past five years.
Coal India plans to list subsidiaries BCCL, MCL, and SECL on the stock market.
BCCL's IPO is valued at ₹1,300 crore and is expected within two weeks.
The IPO is an offer-for-sale, with Coal India diluting 10% of its equity stake in BCCL.
MCL and SECL listings are planned for the upcoming financial year (2026).
The Ministry of Coal advised Coal India to list its subsidiaries to improve transparency and unlock value.
- Who
- Coal India and its subsidiaries Bharat Coking Coal Limited (BCCL), Mahanadi Coalfields Limited (MCL), and South Eastern Coalfields Limited (SECL)
- What
- Initial Public Offerings (IPOs) of BCCL, MCL, and SECL
- When
- BCCL IPO expected within two weeks; MCL and SECL listings planned for the upcoming financial year (2026)
- Where
- Dalal Street, India
- Why
- To unlock value from state-owned enterprises, improve transparency, and follow Ministry of Coal's advisory
- IPO Size
- ₹1,300 crore
- Valuation
- ₹13,000 crore
- Shares to be sold
- 46.57 crore
- Stake Dilution
- 10%
- Lead Managers
- ICICI Securities, IDBI Capital
- Registrar
- KFin Technologies
- Coal Output (FY25)
- 40.50 million tonnes
- Revenue (FY25)
- ₹14,000 crore
- Profit (FY25)
- ₹1,240 crore
- Net Worth (FY25)
- ₹6,551 crore
- Subsidiaries to be listed
- Mahanadi Coalfields Limited (MCL), South Eastern Coalfields Limited (SECL)
- Coal India Share Price
- ₹400.40 (as of December 24, 2025)
- 52-Week High
- ₹417.25 (May 2025)
- 52-Week Low
- ₹349.20 (February 2025)
Sources
Big PSU IPO Alert: Coal India arm BCCL gears up for ₹1,300 crore IPO; may hit Dalal Street soon
Coal India share price jumps around 4% as BCCL IPO buzz lifts PSU stock near record high levels
Is Coal India arm, Bharat Coking Coal IPO likely soon? What we know so far
Coal India Share Price Surges 4% On Anticipation Of BCCL's Rs 1,300 Cr IPO
Coal India initiates SECL listing process after board’s in-principle nod
Govt proposes double sided closed auction as bidding mechanism for Coal Exchange
Coal India board gives approvals for listing of two more subsidiaries, Mahanadi Coalfields and South Eastern Coalfields
More PSU IPOs: After BCCL IPO buzz, Coal India puts two more subsidiary listings on Dalal Street radar
Coal India shares see six days of gains, turn positive for 2025 after best month of the year
Coal India surges near 52-week highs: What MCL and SECL listing approval means for your portfolio in 2026
Reliance Jio to BCCL IPO in focus: Investing in these stocks can unlock shareholder quota in upcoming offers
