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via economictimes.indiatimes.comCapital Markets

Mahanadi Coalfields prepares a potential $1 billion IPO in India

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Mahanadi Coalfields is gearing up for a potential $1 billion IPO that could value Coal India's subsidiary at up to $10 billion. With Sebi clearance secured and investor meetings underway, the offering could be among India's biggest public issues. Here's what investors should…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAn offering of this size can weigh on capital flows in the Indian market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The IPO could value the Coal India subsidiary at up to $10 billion.
  2. 02Sebi clearance has been secured and investor meetings are underway.
  3. 03The offering could be among India's biggest public issues.

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