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Coal India subsidiary Bharat Coking Coal to launch IPO on January 9
Coal India arm Bharat Coking Coal will launch its IPO on January 9 as part of PSU disinvestment.
Bharat Coking Coal Ltd, a subsidiary of Coal India, is set to launch its IPO on January 9, comprising a complete offer for sale by the parent. The PSU accounts for a majority share of India’s domestic coking coal output, a key raw material for steel production. The issue is part of the government’s broader disinvestment programme.