Coal India Operates Through Eight Mining Subsidiaries as Units List and IPO Steps Ahead
Coal India runs its coal business through eight mining subsidiaries, with consolidated revenue of Rs 1,68,400 crore and profit of Rs 31,071 crore, versus standalone revenue of Rs 1,577 crore and profit of Rs 18,864 crore. Central Mine Planning and Design Institute listed on March 30, 2026 and Coal India received Rs 1,841 crore, while Mahanadi Coalfields filed a DRHP for a larger IPO with Coal India selling a 10% stake via OFS, potentially reducing a holding-company discount.