Can Bharat Coking Coal’s IPO deliver long-term value for retail investors?
ET Intelligence Group: Bharat Coking Coal, a Miniratna PSU and the country’s largest producer of coking coal, aims to raise ₹1,071 crore through an offer for sale (OFS). Promoter Coal India‘s shareholding will decline to 90% after the IPO from 100%. The company is well placed to tap rising coking coal demand, supported by the…