Coal India Plans $1 Billion Mahanadi Coalfields IPO as Soon as This Month
Coal India is preparing to launch an IPO of its Mahanadi Coalfields unit as early as this month, according to people familiar with the matter. Investor meetings have begun.
State-owned Coal India Ltd. is preparing to launch an initial public offering of its unit Mahanadi Coalfields Ltd. as early as this month, according to people familiar with the matter.The company has begun investor meetings and is looking to kick off the share sale in the second half of November or…