BusinessPhoto: Mint MarketsSebi Approves Mahanadi Coalfields IPO for November Launch
Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, has received Sebi approval for its initial public offering (IPO). The public issue is expected in late November or early December. The IPO could raise up to $1 billion and value MCL at $10 billion. Coal India has begun investor meetings to gauge interest, marking a key step toward the stock market debut.
Mint Markets·




