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Upcoming IPO: Coal India’s Mahanadi Coalfields gets Sebi nod for public issue; top things to know about PSU public offer

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Mahanadi Coalfields Ltd (MCL) received Sebi approval for an IPO expected in November or December 2026. The offer for sale could raise up to Rs 8,800 crore for parent company Coal India. MCL produced 218.31 million tonnes of coal in FY26.

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