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  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹2 per share
  • Price Band
  • Sale Type
    OFS only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    66,80,56,100 shares of ₹2 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    6,68,05,61,000 shares
  • Share Holding Post Issue
    6,68,05,61,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Sun, Nov 1, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Net Offer

Investor Category Reservations

Category Limit Cut-off
RII Up to ₹2 Lakhs Yes
sNII ₹2 Lakhs – ₹10 Lakhs No
bNII Above ₹10 Lakhs No
Shareholder (SH) Up to ₹2 Lakhs Yes
Employee (EMP) Up to ₹2 Lakhs Yes
Employee + Shareholder Up to ₹2 Lakhs (SH) + Up to ₹2 Lakhs (EMP) Yes
Shareholder + RII/NII Up to ₹2 Lakhs (SH) + RII/NII limits Yes (SH/RII)
Employee + RII/NII Up to ₹2Lakhs (EMP) + RII/NII limits Yes (EMP/RII)
Employee + Shareholder + RII/NII Upto ₹2 Lakhs (SH) + Upto ₹2 Lakhs (EMP) + RII/NII limits Yes (SH/EMP/RII)

About South Eastern Coalfields Ltd.

Incorporated on November 28, 1985, South Eastern Coalfields Limited (SECL) is a wholly-owned subsidiary of Coal India Limited (“CIL”) and is engaged in coal mining and production in India. It is one of India’s largest coal producers and the second-largest coal-producing subsidiary of CIL, with coal production of 176.29 million tonnes in Fiscal 2026, accounting for 16.94% of India’s total coal production. The Company operates across the Korba, Mand-Raigarh and Central India coalfields in Chhattisgarh and Madhya Pradesh. As of September 30, 2026, it had 53 producing mines, comprising 19 opencast and 34 underground mines across 13 operating areas. Its major mining operations include the Gevra and Kusmunda mines, ranked among the world’s largest coal mines by production capacity. As of April 1, 2026, the Company had total geological coal resources of approximately 47.55 billion tonnes and audited coal reserves of 4.61 billion tonnes.

The Company’s primary product is raw, unwashed non-coking coal across gross calorific value (“GCV”) grades ranging from G3 to G16. Its coal is supplied to power generation companies, captive power plants and non-power industries, including aluminium, cement, sponge iron and fertiliser sectors. The Company primarily derives its revenue through long-term Fuel Supply Agreements (“FSAs”), along with e-auction sales. Its customer base includes major power sector companies such as NTPC Limited, Adani Power Limited, Chhattisgarh State Power Generation Company Limited, Madhya Pradesh Power Generating Company Limited and Gujarat State Electricity Corporation Limited.

The Company’s mining operations are supported by mechanised opencast and underground mining technologies, surface miners, continuous miners and heavy earth-moving equipment. Its evacuation infrastructure includes first-mile connectivity projects, coal handling plants, rapid-loading silos, railway sidings, merry-go-round systems and belt conveyors. It also benefits from rail connectivity through the South East Central Railway network and rail corridors being developed through its subsidiaries, Chhattisgarh East Railway Limited and Chhattisgarh East-West Railway Limited.

As of September 30, 2026, the Company had 35,559 permanent employees and engaged 26,189 outsourced workers to support its mining and allied operations.

Competitive Strengths

  • Strategic backing of Coal India Limited.
  • Mechanised and technology-driven mining operations.
  • One of India’s largest coal producers with substantial coal reserves.
  • Strong coal evacuation infrastructure and expanding rail connectivity.
  • Strong operational performance and experienced management team.
  • Established customer base supported by long-term Fuel Supply Agreements.

Company Financials (Restated Consolidated)

South Eastern Coalfields Ltd.’s revenue increased by 6% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2026 and March 31, 2025.    (Amount in ₹ Crore)

Period Ended 30 Sep 2026 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 63,145.85 62,154.40 57,326.21 52,836.03
Total Income 17,635.73 34,897.62 32,991.16 34,962.00
Profit After Tax 2,174.35 4,754.59 4,540.42 6,930.77
EBITDA 4,029.36 9,364.87 8,630.81 10,670.75
NET Worth 21,037.02 20,303.26 17,070.45 14,563.50
Reserves and Surplus 19,392.88 18,683.23 16,007.70 13,653.13
Total Borrowing 8,097.29 7,137.80 6,212.42 4,985.45

Recently Listed IPOs in Coal

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Caliber Mining & Logistics Ltd. Mainboard ₹450.00 Cr ₹424 15.02 ₹528.20 +24.58% ₹538.15
Bharat Coking Coal Ltd. Mainboard ₹1,068.78 Cr ₹23 8.64 ₹40.58 +76.43% ₹30.34

IPO Objects of the Issue

The South Eastern Coalfields Ltd. IPO is a 100% Offer for Sale (OFS), so the company will not receive any funding and the entire IPO proceeds will go to the selling shareholders.

Key Performance Indicator (KPI)

KPI Sep 30, 2026 Mar 31, 2026
RoNW 10.66% 25.70%
PAT Margin 12.33% 13.62%
EBITDA Margin 22.85% 26.84%
NAV 31.49 30.39

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 7.12 6.51

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 100% 90%
Public 10.00%
Total 100% 100%

Company Promoters: President of India, acting through the Ministry of Coal, Government of India and Coal India Ltd..

Offer For Sale – Selling Shareholder

Name Category No. of Shares Offered
Coal India Ltd. Promoter 66,80,56,100
Total 66,80,56,100 
📰 South Eastern Coalfields Ltd. – News Updates
  • South Eastern Coalfields Ltd. Files DRHP for IPO: Issue Size & Key Details Inside

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. SBI Capital Markets Ltd.
  2. ICICI Securities Ltd.
  3. IDBI Capital Markets & Securities Ltd.
  4. Motilal Oswal Investment Advisors Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

South Eastern Coalfields Ltd. Address
Seepat Road
Bilaspur, Chhattisgarh, 495006

IPO FAQs

South Eastern Coalfields IPO is a main-board IPO of equity shares of the face value of ₹2. The price band and the minimum order quantity are yet to be announced.

The South Eastern Coalfields IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply for the South Eastern Coalfields IPO online through the Kite platform under the IPO & Bids section using UPI as the payment method.

Steps to Apply for South Eastern Coalfields IPO through Angel One

Log in to your Angel One Kite account.
On the home page, click IPO & Bids in the top menu.
Select the IPO tab and find the South Eastern Coalfields IPO in the list.
Click Apply next to the IPO.
Enter your UPI ID, bid quantity, and bid price.
Submit the IPO application.
Open your UPI app and approve the mandate to complete the application process.
For more details, visit the Angel One IPO Application Process Review.

The South Eastern Coalfields IPO dates are not announced. Please check back again after some time.

South Eastern Coalfields IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in South Eastern Coalfields IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The South Eastern Coalfields IPO allotment date is not yet announced. Please check back after the IPO dates are announced.

The South Eastern Coalfields IPO listing date is not yet announced.

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