Mahanadi Coalfields files RHP for IPO opening Nov. 19, 2026
In short
Mahanadi Coalfields has filed its RHP for an IPO that will open on November 19, 2026. The offer is an offer for sale of up to 66.18 crore shares by Coal India, and no money from the issue will go to MCL.
This matters for IPO investors and for Coal India, since the filing moves the subsidiary closer to listing.
What the reporting says
Mahanadi Coalfields filed its RHP for an IPO opening on November 19, 2026, according to Mint Markets. The offer is an offer for sale of up to 66.18 crore shares by Coal India, with no proceeds going to MCL. The company reported coal production of 218.31 million tonnes in FY26, making the filing important for investors tracking Coal India’s subsidiary and the IPO market.
Why it matters
Mahanadi Coalfields filed its red herring prospectus for an IPO opening on November 19, 2026. The offer is an offer for sale of up to 66.18 crore shares by Coal India, with no proceeds going to MCL. Mint Markets also said the company produced 218.31 million tonnes of coal in FY26, making the filing relevant for IPO investors and Coal India stakeholders.