Deals3 Jan 2026, 03:01 pm
Coal India Subsidiary Bharat Coking Coal Limited Files RHP for Proposed IPO with SEBI
AI Summary
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India Limited, has filed a red herring prospectus (RHP) with SEBI, BSE, and NSE. The RHP filing is in regard to the proposed initial public offering (IPO) of BCCL, which includes an offer for sale of up to 465,700,000 equity shares by Coal India Limited. The IPO is subject to receipt of applicable approvals, market conditions, and other relevant considerations.
Key Highlights
- Bharat Coking Coal Limited (BCCL), a Coal India Limited subsidiary, files RHP for proposed IPO
- RHP filed with SEBI, BSE, and NSE
- IPO comprises offer for sale of up to 465,700,000 equity shares by Coal India Limited
- IPO subject to approval of applicable authorities and market conditions
- Filing made for the purpose of dissemination of material information and compliance with regulatory requirements