Latest Red Herring Prospectus News & Updates

Mumbai, Jan 3 (IANS) State-owned Bharat Coking Coal, a subsidiary of Coal India, has filed its Red Herring Prospectus with the Registrar of Companies to launch its Initial Public Offering on January 9, marking the first mainboard IPO of the new year 2026.The public issue will be entirely an offer-for-sale of 46.57 crore equity shares by its promoter Coal India.There is no fresh issue component, which means the company itself will not receive any funds from the IPO.All proceeds from the issue wil…