Coal India OFS May 2026 OFS Detail

Offer For Sale | ₹5,078.09 Cr. | Listing at BSE, NSE

Coal India Ltd. is an Offer for sale of equity shares by President of India through the stock exchange mechanism.

The OFS is conducted at a floor price of ₹412 per share and cut-off price of ₹[.] per share, with a face value of ₹10 per share, for an aggregate of 12.33 crore equity shares, representing an overall issue size of of and an oversubscription of 6.16 crore equity shares.

Of the total shares offered, 1.23 crore equity shares are reserved for retail investor, with the balance of 11.09 crore equity shares allocated to non-retail investors.

The non-retail portion opens on May 27, 2026, followed by the retail portion on May 29, 2026. The OFS is conducted through NSE and BSE.

The OFS follows a price priority allocation methodology. Retail investors are eligible for allocation at the cut-off price, while non-retail investors bid above the floor price, in accordance with exchange guidelines.

Investors are advised to refer to the OFS notice Opening of OFS and exchange circulars for detailed information, including bidding process, allocation methodology, and settlement timelines.

Retail Date

Fri, May 29, 2026

Non-Retail Date

Wed, May 27, 2026

Cut-off Price

[.]

Listing At

BSE, NSE

OFS Detail

  • Allocation MethodologyPrice Priority
  • OFS Listing AtBSE, NSE
  • Base Issue Size6,16,27,283 (2.00% of the total issued and paid-up Equity Share capital of the company)
  • Oversubscription Option6,16,27,283
  • Face Value10
  • Total Issue Size12,32,54,566
  • RS (Retail Shares)1,23,25,458
  • Cut-off Price
  • IS (Non Retail) Shares11,09,29,108
  • Floor Price412
  • Seller NamePresident of India

Company Financials (Restated Standalone)

Period Ended31 Mar 202531 Mar 2024
Assets25,580.2024,044.43
Total Income18,221.4616,848.76
Profit After Tax17,016.5615,766.83
Amount in ₹ Crore

About Coal India Ltd.

Coal India Limited (CIL), incorporated in 1975, is a state-owned coal mining company engaged in coal production, exploration, processing, and marketing in India. The company operates across multiple mining areas through underground, opencast, and mixed mines spread across several Indian states.

CIL is the world’s largest coal producer and contributes significantly to India’s power generation and commercial energy requirements. The company also operates coal washeries, training institutes, renewable energy projects, and coal gasification initiatives.

The company operates through multiple subsidiary companies engaged in coal mining, mine planning, renewable energy, coal gasification, and overseas coal asset development. It also has joint ventures in fertilizers, energy, and power sectors.

Coal India Limited is a Maharatna public sector enterprise and is expanding into renewable energy, solar power, coal gasification, and other diversified energy businesses as part of its long-term growth strategy. As of April 1, 2026, the company employed 2,12,066 personnel.

Company Contact Information

Coal India Ltd.
(A Maharatna Company)
Coal Bhawan Premise No-04 MAR, Plot No-AF-III,
Action Area-1A, Newtown,Rajarhat
Kolkata, 700156

Other Issue Detail

Additionally, up to 25,000 Equity Shares of the Company may be offered to eligible employees of the Company, in accordance with the terms and conditions provided in the OFS Guidelines, subject to approval from the competent authority (the "Employee Offer"). The eligible employees may apply for Equity Shares amounting up to Rs 500,000.

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OFS FAQs

The Coal India OFS May 2026 opens on May 27, 2026, and closes on May 29, 2026.

The issue size of Coal India OFS May 2026 company is issuing a total of 12,32,54,566 out of which Base issue size is 6,16,27,283 shares and Oversubscription Option is 6,16,27,283 shares.

The Letter of Offer for Coal India OFS May 2026 can be download here. (Opening of Offer for Sale)

The process to apply for Coal India OFS May 2026:

1. Log in to your broker’s trading platform (web or mobile app).

2. Navigate to the OFS section (sometimes listed under IPO/OFS or corporate actions).

3. Select the OFS you want to apply for.

4. Enter the Number of shares you wish to buy.

5. The price you’re willing to pay per share (must be equal to or higher than the floor price or cut-off price).

Note:

Look for details about the OFS you want to participate in. This includes:

  • Name of the company offering shares.
  • Floor and Clearing Price (the minimum price set for bidding).
  • Offer period (dates and times when the OFS is open).

Allotment Timeline:

T Day (Transaction Day):

Investors place bids during the OFS bidding window, which typically operates during market hours (9:15 AM to 3:30 PM IST). T+1 Day (Next Working Day):

The company or the selling shareholder, along with the stock exchange, finalizes the allocation based on bids. Shares are credited to the Demat account of successful bidders. For unsuccessful bids or partial allotment, the unutilized funds are unblocked or refunded. T+2 Day (Rare Cases):

If the process involves additional reconciliation or if there’s a delay, shares may be credited by T+2 working days.

Note:

Retail and Non-Retail Investors:

The first day of the OFS is typically reserved for non-retail investors, while retail investors participate on the second day. If you bid as a retail investor, the shares are allotted after the second day.

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