Coal India (CIL) is planning to launch IPOs to sell 25% stake each in its subsidiaries Bharat Coking Coal Limited (BCCL) and Central Mine Planning and Design Institute (CMPDI) in FY26, Financial Express reported. It added that CIL will file the Red Herring Prospectus by May, depending on the market. Valuation of the subsidiaries for listing hasn't been done yet.