More PSU IPOs: After BCCL IPO buzz, Coal India puts two more subsidiary listings on Dalal Street radar; CIL stock up 3%
PSU IPOs: Following the buzz around the BCCL IPO, PSU stock Coal India announced proposed listings of two more of its major subsidiaries on Dalal Street, setting the stage for a wave of high-profile public sector offerings (IPOs) and helping kick-start India’s IPO market calendar for 2026.
In separate regulatory filings to the stock exchanges, Coal India said its board has granted in-principle approval for the listing of Mahanadi Coalfields Limited (MCL) and South Eastern Coalfields Limited (SECL), two wholly-owned subsidiaries of the firm.
