# India's markets regulator approves Coal India unit Mahanadi Coalfields IPO

- Source: Economic Times
- Published: 2026-11-05T02:41:05+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/ipos/fpos/indias-markets-regulator-approves-coal-india-unit-mahanadi-coalfields-ipo/articleshow/135556462.cms
- Canonical: https://groundlevelnews.com/story/india-s-markets-regulator-approves-coal-india-unit-mahanadi-coalfields-21ae65/

Coal India's Mahanadi Coalfields has just secured approval for an upcoming IPO, set to launch soon. This offering will potentially sell 661.8 million shares, which is equivalent to a 10% equity stake. As a vital player in India’s coal sector, the IPO anticipates raising $1 billion, thus valuing the unit at a remarkable $10 billion. The market's appetite for significant IPOs continues to grow, refl

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