3 months ago
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South Eastern Coalfields Ltd (SECL) is aiming to implicit its listing connected banal exchanges wrong “this twelvemonth oregon so”, its Chairman and Managing Director (CMD) Harish Duhan told reporters connected Friday (February 20, 2026), adding that helium is assured that the IPO would person an enthusiastic response.
In effect to a query from The Hindu, Mr. Duhan observed that successful the caller past Coal India’s subsidiary Bharat Coking Coal Limited (BCCL) received a precise enthusiastic effect and that helium felt SECL would besides beryllium capable to travel a akin trajectory.
“We are assured [because] if you spot successful the caller past BCCL’s archetypal nationalist offering (IPO) received a precise enthusiastic response,” helium stated, adding, “Further, if you look astatine SECL’s ember reserves, spectrum of the grades of ember we produce, our wide resources, and being located successful Central India we person our customers each crossed [the country], we are, therefore, are precise assured astir receiving a akin enthusiastic response.”
“We are assured our IPO would besides person an arsenic bully effect arsenic the BCCL listing. We are targeting that we would beryllium capable to implicit listing wrong a twelvemonth oregon so,” the SECL Chairman stated.
For context, earlier this year, successful January, Coal India-subsidiary Bharat Coking Coal Limited (BCCL) had debuted connected the bourses astatine a 96% premium.
The Bilaspur (Chhattisgarh)-headquartered subsidiary of Coal India had received an in-principal support from the genitor institution to participate bourses successful December past year. This was portion of the Ministry of Coal’s broader nonsubjective to besides database Mahanadi Coalfields Ltd (MCL).
(The newsman was successful Bilaspur astatine the invitation of the Ministry of Coal)
