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Coal India Arm BCCL Set to Test IPO Market With January Debut
Coal India subsidiary Bharat Coking Coal will open its IPO on January 9, signalling renewed PSU divestment activity as investors assess valuations, sector prospects, and demand conditions in India’s primary market.
Bharat Coking Coal, a subsidiary of Coal India, is scheduled to launch its initial public offering on January 9. The proposed IPO marks another government-led divestment and aims to unlock value from Coal India’s coking coal operations. Market participants are watching investor appetite closely, as the issue comes amid selective participation in recent IPOs and evolving sentiment toward PSU listings.