Coal India Files DRHP for Bharat Coking Coal IPO, Plans to Offload 46.57 Crore Shares
Coal India Ltd (CIL) has officially filed the Draft Red Herring Prospectus (DRHP) for the initial public offering (IPO) of its wholly owned subsidiary, Bharat Coking Coal Ltd (BCCL). The IPO will be a pure offer for sale (OFS) of 46.57 crore equity shares, with no fresh issuance, meaning all proceeds will go directly to…
