Coal India Limited (CIL) is a Schedule ‘A’ ‘Navratna’ Public Sector Undertaking under Ministry of Coal, Government of India, has its Headquarters in Kolkata, West Bengal.

Coal India operates 471 mines in 21 major coalfields across eight states in India. Coal India also operates 17 coal beneficiation facilities with an aggregate designed feedstock capacity of 39.40 million tons per annum.

Coal India IPO

Coal India, India’s largest Coal producing company is scheduled to open its Initial Public Offering (IPO) for subscription from October 18, 2010.

The Government of India is selling 10% stake in Coal India to public through this IPO which will offer 63.16 crore shares through the book-building route.

Coal India IPO is one of India’s biggest stake sale could raise around Rs 15,000 crore.