New Delhi (30.12.2025): Coal India Limited (CIL) is accelerating plans to list all its subsidiaries on the stock exchange by 2030. Following directives from the Prime Minister’s Office (PMO), the coal giant is preparing for a series of high-profile market debuts.
The listing process for Bharat Coking Coal Limited (BCCL) is currently the top priority. The company has successfully completed its domestic and international roadshows. Having already filed its Draft Red Herring Prospectus (DRHP) with SEBI, BCCL is set for an IPO conducted entirely through the Offer For Sale (OFS) route. Under this plan, Coal India will divest up to 46.57 crore equity shares, pending final regulatory green lights and favorable market conditions.
Coal India’s board recently approved the listing of two more major arms: South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL). The Ministry of Coal has instructed CIL to take concrete steps to ensure these two subsidiaries hit the market within the next financial year.
The Central Mine Planning and Design Institute Limited (CMPDIL) has joined the queue, having already submitted its DRHP to SEBI for its own public offering.
CIL remains the backbone of India’s energy sector, currently accounting for over 80% of the nation's coal output. For the current financial year, the company has set a massive production target of 875 million tonnes.
Eight subsidiaries under the CIL umbrella include:
- Eastern Coalfields Ltd (ECL)
- Bharat Coking Coal Ltd (BCCL)
- Central Coalfields Ltd (CCL)
- Western Coalfields Ltd (WCL)
- South Eastern Coalfields Ltd (SECL)
- Northern Coalfields Ltd (NCL)
- Mahanadi Coalfields Ltd (MCL)
- Central Mine Planning & Design Institute Ltd (CMPDIL)
