Mahanadi Coalfields Ltd IPO
Pre Issue Shares
6,61,83,63,000
No. of Shares Issued
66,18,36,300
Pre Issue Equity Amt.
₹1,323.67 Cr
DP Filling Date
August 31, 2026
Mahanadi Coalfields Ltd IPO Timeline
| Event | Date |
|---|---|
| Mahanadi Coalfields Ltd IPO Opening Date | - |
| Mahanadi Coalfields Ltd IPO Closing Date | - |
| Basis of Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Mahanadi Coalfields Ltd IPO Listing Date | - |
Mahanadi Coalfields Ltd IPO Details
| Mahanadi Coalfields Ltd IPO Date | - |
| Mahanadi Coalfields Ltd IPO Face Value | - |
| Mahanadi Coalfields Ltd IPO Price | - |
| Mahanadi Coalfields Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Coal India Limited |
- Strengths
- Risks
- Opportunities
- The largest coal producer in India, accounting for 21.00% of domestic coal production in Fiscal 2026, with coal reserves sufficient to sustain around 45 years of production at current levels.
- We benefit significantly from the strategic support and vast resources of Coal India Limited, the largest coal producing company in the world.
- Low-cost, mechanised mining operations in strategically located coalfields, supported by integrated coal evacuation infrastructure.
- Favourable rail-led evacuation network that reduces our dependence on road transportation, lowers customer logistics costs, and improves the reliability and speed of our coal evacuation, complemented by port connectivity.
- Well-positioned to capitalize on India's robust, long-term thermal coal demand, backed by vast coal resources, well-developed infrastructure, geographic diversification of our customer base and long-standing relationships.
- Strong financial performance, with the highest EBITDA, Operating EBITDA and PAT Margin among coal producers in India for Fiscal 2026.
- Experienced Board and management team supported by a large pool of employees, including technically qualified professionals.
Company Financials
Mahanadi Coalfields Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 53,494.93 | 28,637.92 | 10823.26 |
| 03-2024 | 50,593.41 | 29,124.44 | 11845.40 |
| 03-2023 | 49,840.62 | 32,676.11 | 13470.16 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- listing of the Equity Shares on the stock exchanges
Mahanadi Coalfields Ltd IPO Prospectus
Mahanadi Coalfields Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | - |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Mahanadi Coalfields Ltd
Jagruti ViharBurla,Sambalpur-768020
Phone: 0651-2230169
Email: cs.mcl@coalindia.in
Website: www.mahanadicoal.in
Jagruti ViharBurla,Sambalpur-768020
Phone: 0651-2230169
Email: cs.mcl@coalindia.in
Website: www.mahanadicoal.in
Mahanadi Coalfields Ltd IPO Registrar
Mahanadi Coalfields Ltd IPO Lead Manager(s)
- SBI Capital Markets Ltd
- Axis Capital Ltd
- BOB Capital Markets Ltd
- DBI Capital Markets & Securities Ltd
- IIFL Capital Services Ltd
How to Check the Allotment Status of Mahanadi Coalfields Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Mahanadi Coalfields Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Mahanadi Coalfields Ltd IPO
Mahanadi Coalfields Limited was incorporated in Odisha as a Private Limited company under the Companies Act, 1956, dated April 3, 1992. Thereafter, the Company was converted to a Public Limited Company, and a fresh certificate of Incorporation dated August 29, 2026 was issued by the Central Processing Centre. The Company is engaged in the mining and production of Coal.

