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IPO Synopsis

Mahanadi Coalfields Ltd
Initial public offering of up to 661,836,300 equity shares of face value of Rs. 2 each ("Equity Shares") of Mahanadi Coalfields Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a premium of Rs. [*] per equity share (the "Offer Price") through an offer for sale (the "Offer") of up to 661,836,300 equity shares aggregating up to Rs. [*] Crores by Coal India Limited (the "promoter selling shareholder" or "selling shareholder" and such equity shares offered by the selling shareholder, the "Offered Shares"). The offer includes a reservation of up to 33,091,815 equity shares of face value of Rs. 2 each, aggregating up to Rs. [*] Crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion") and a reservation of up to [*] equity shares aggregating up to Rs. [*] Crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible shareholders ("Shareholder Reservation Poriton"). The offer less the employee reservation portion and the shareholder reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company may in consultation with the brlms, offer a discount of [*]% (equivalent of Rs. [*] per equity share on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity share is Rs. 2 each. the offer price is [*] times the face value of the equity shares. The price band, the employee discount and the minimum bid lot size will be decided by the company.
Issue
Opens On Closes On
19-Nov-26 23-Nov-26
Money Payable On
Application Allotment
0.00 0.00
Minimum Application for shares in Nos : 0 Further Multiples of : 0
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Ltd
Project Financed through Current Offer (.Cr) 0.00  
Post Issue Equity Share Capital (.Cr) 1323.67
Issue Price () 0.00
Projects
listing of the Equity Shares on the stock exchanges
Promoted By
Coal India Limited
President of India, acting thr
Listing At
BSE
NSE
Registrar to the Issue
KFin Technologies Ltd
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