Mahanadi Coalfields IPO
Incorporated in April 1992, Mahanadi Coalfields Ltd. is India's largest coal producer by volume, which engages in the mining and production of non-coking coal. It operates mostly in the Talcher and Ib Valley coal fields located in Odisha State, and produces different grades of coal that include washed and beneficiated coal for use in the power sector and industries like cement, sponge iron, steel, aluminum, and paper. Mahanadi Coalfields Ltd. is a wholly-owned subsidiary of Coal India Limited. The formation of Mahanadi Coalfields Ltd. is aimed at increasing the production of coal to meet the growing demands for energy in India. It operates a combination of open-pit and underground mines along with coal handling plant, rapid loading system, silos, and coal evacuation infrastructure. As on June 30, 2026, the Company has 17 mines that include 14 opencast mines and three underground mines. As on June 30, 2026, Mahanadi Coalfields has a total of 20,473 permanent employees that include executives, workmen, staff and supervisors in different departments like mining, engineering, excavation, finance, human resources, environment, marketing, and others.
- IPO status
- upcoming
- IPO type
- Mainboard
- Exchange
- NSE/BSE
- Registrar
- Kfin Technologies Limited
About Mahanadi Coalfields
Incorporated in April 1992, Mahanadi Coalfields Ltd. is India's largest coal producer by volume, which engages in the mining and production of non-coking coal. It operates mostly in the Talcher and Ib Valley coal fields located in Odisha State, and produces different grades of coal that include washed and beneficiated coal for use in the power sector and industries like cement, sponge iron, steel, aluminum, and paper. Mahanadi Coalfields Ltd. is a wholly-owned subsidiary of Coal India Limited. The formation of Mahanadi Coalfields Ltd. is aimed at increasing the production of coal to meet the growing demands for energy in India. It operates a combination of open-pit and underground mines along with coal handling plant, rapid loading system, silos, and coal evacuation infrastructure. As on June 30, 2026, the Company has 17 mines that include 14 opencast mines and three underground mines. As on June 30, 2026, Mahanadi Coalfields has a total of 20,473 permanent employees that include executives, workmen, staff and supervisors in different departments like mining, engineering, excavation, finance, human resources, environment, marketing, and others.
Mahanadi Coalfields IPO dates and issue details
Issue opening: To be announced; closing: To be announced; basis of allotment: To be announced; expected listing: To be announced.