IPO & listingMint
India's Next Billion-Dollar IPO? Coal India subsidiary Mahanadi Coalfields in line after Jio, NSE - key things to know
Positive+51
GreyOak summary
Mahanadi Coalfields, a Coal India subsidiary, is preparing for an IPO potentially raising $1 billion. The offer for sale involves Coal India selling a 10% stake. Sebi cleared the draft documents on November 4, with a launch expected in late November or early December.
What it affects
- Coal IndiaCOALINDIAPositive +51
Selling 10% stake via OFS.Rolling sentiment Positive +20
Source
Read the original at MintMore Coal India news
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