Coal India to Launch IPOs for Subsidiaries, BCCL Stake Sale Continues

Business
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Moneycontrol•19-01-2026, 17:35
Coal India to Launch IPOs for Subsidiaries, BCCL Stake Sale Continues
- •Coal India plans to sell its remaining 15% stake in Bharat Coking Coal Limited (BCCL) within the next six months.
- •The company previously sold a 10% stake in BCCL and aims to unlock value by listing subsidiaries.
- •An IPO for Center Mine Planning & Design Institute (CMPDI) is expected in March 2026, with roadshows in February.
- •CMPDI's IPO will be an Offer For Sale (OFS), with Coal India selling a 10-15% stake.
- •Coal India also plans to list Mahanadi Coalfields and South Eastern Coalfields by 2030.
Why It Matters: Coal India is strategically divesting stakes and launching IPOs for its subsidiaries to unlock their market value.
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