Mahanadi Coalfields files RHP for proposed IPO worth nearly ₹9,500 crore

Kolkata Mahanadi Coalfields Limited (MCL), a wholly owned subsidiary of Coal India Limited, on Saturday (November 14, 2026) said it has filed the Red Herring Prospectus (RHP) for the proposed initial public offering. The RHP, dated November 13, was filed with the Registrar of Companies (RoC), the Securities and Exchange Board of India (SEBI), the BSE and the NSE, Coal India said in a regulatory filing.

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“The proposed public issue remains subject to receipt of applicable approvals, market conditions and other relevant considerations,” the filing said.