Monday, 28 September 2026Updated 16m ago
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IPO▲ Bullish for Coal India

Coal India Unit SECL said to hire banks for $800 million IPO

1 source · first seen 07:40 28 Sept · updated 07:40 28 Sept

The brief

Written from 1 report · check the source before you trade
  • SECL appointed ICICI Securities, SBI Capital Markets, Motilal Oswal and IDBI Capital Markets as advisers
  • An IPO may create a listing opportunity in coal; Coal India shareholders are exposed

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Part of a developing story2 updates over 3 days

SECL's proposed $800 million IPO

South Eastern Coalfields, a Coal India subsidiary, is preparing for a potential $800 million IPO. The reported offering remains under discussion.

Monday, 28 September

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    Coal India Unit SECL said to hire banks for $800 million IPO

Friday, 25 September

Read the reports

1 report · earliest 07:40
Business LineCoal India Unit SECL said to hire banks for $800 million IPO07:40