# South Eastern Coalfields IPO Files Papers

> South Eastern Coalfields Ltd files IPO papers to raise $800m, marking Coal India's next listing step.
- Title: South Eastern Coalfields IPO Files Papers · mint | Shortify
- Summary: South Eastern Coalfields Ltd files IPO papers to raise $800m, marking Coal India's next listing step. South Eastern Coalfields Ltd will raise up to $800…
- Keywords: south eastern coalfields, coal india, sebi, ipo, initial public offering, coal production, secl, coal reserves, funds raised, securities and exchange board of india, money, business
- Source: mint — https://livemint.com/market/ipo/upcoming-ipo-coal-india-unit-south-eastern-coalfields-files-papers-how-much-funds-to-be-raised-and-other-key-facts-11793636533876.html
- Author: Rajendra Saxena
- Published: 2026-11-02T17:20:10+00:00
- Read time: 1 min
- Topics: south eastern coalfields, coal india, sebi, ipo, initial public offering, coal production, secl, coal reserves, funds raised, securities and exchange board of india, money, business
## SECL Files IPO Papers
South Eastern Coalfields Ltd, a subsidiary of state-owned Coal India Ltd, has filed preliminary papers with Sebi for an initial public offering.
## IPO Structure
The proposed listing includes an offer for sale of up to 66.81 crore equity shares by Coal India with no fresh issue component.
## Funds to be Raised
Bloomberg reports the IPO could raise up to $800 million through the share sale.
## SECL Financials
SECL reported revenue of ₹16,593.7 crore and net profit of ₹2,174.3 crore for the first half of FY27.
## Coal Production
SECL produced 176.29 million tonnes of coal in FY26, accounting for 16.94% of India's total coal production.
## Coal Reserves
SECL has coal reserves sufficient for 26 years of production at FY26 levels.
## SECL's Status
SECL was granted Miniratna Category-I status in March 2007 and completed 40 years of coal mining operations in 2025.
## IPO Lead Managers
SBI Capital Markets, ICICI Securities, IDBI Capital Markets & Securities and Motilal Oswal Investment Advisors are lead managers for the IPO.
## Key takeaway

South Eastern Coalfields Ltd will raise up to $800 million through its IPO, with Coal India selling shares to fund the listing.