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Bharat Coking Coal targets ₹1,300 crore PSU IPO via OFS
Bharat Coking Coal’s OFS IPO targets ₹1,300 crore as PSU divestment accelerates.
Bharat Coking Coal’s proposed IPO is a complete offer for sale by Coal India, aiming to raise about ₹1,300 crore. The PSU supplies nearly 58.5% of India’s domestic coking coal needs in FY25, linking its fortunes closely to steel sector demand and government divestment plans.