Coal India to earn 4% of its entire year's profit from its own subsidiary's IPO
State-owned Coal India is set to earn ₹600 crore by selling its 10% stake in its subsidiary Bharat Coking Coal Limited (BCCL) during its upcoming IPO, according to the IPO prospectus. Coal India's earnings from the IPO equal nearly 4% of the ₹15,767-crore net profit it earned in the entire FY25. BCCL's IPO will remain open from January 9-13.