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Coal India signals fresh PSU IPO pipeline with two subsidiary listings
Coal India has approved plans to list Mahanadi Coalfields and South Eastern Coalfields, adding momentum to PSU IPO activity and boosting expectations for a strong 2026 listing pipeline.
Momentum is building around PSU IPOs as announced plans to list two more wholly owned subsidiaries, following growing buzz around the proposed Bharat Coking Coal offering. The company has received in principle board approval to initiate listing processes for. The move follows guidance from the Ministry of Coal to accelerate monetisation and unlock value, potentially setting the tone for India’s IPO calendar in the upcoming financial year.