IPO 4309
BSETBA
TBA
TBA
TBA
₹2
Subscription Details
IPO Timeline
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TBA
IPO Offer Ends
TBA
TBA
About the Company
We are one of the largest coal producers in India in terms of production in Fiscal 2026, with production of 176.29million tonnes of coal, accounting for 16.94% of India’s total coal production in Fiscal 2026. (Source: CRISILReport) Our Company, a wholly-owned subsidiary of Coal India Limited (“CIL”), is headquartered in Bilaspur,Chhattisgarh, and was conferred with Miniratna Category - I status on March 15, 2007 and in 2025, completed 40years of coal mining operations.
Use of Proceeds
The objects of the Offer are to (i) carry out the Offer for Sale of up to 668,056,100 Equity Shares of face value ₹2 each, of our Company by the Promoter Selling Shareholder aggregating up to ?[?] million; and (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO 4309 Latest News
News
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IPO FAQs
IPO 4309 IPO shares are proposed to be listed on BSE.
Each IPO 4309 share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
The objects of the Offer are to (i) carry out the Offer for Sale of up to 668,056,100 Equity Shares of face value ₹2 each, of our Company by the Promoter Selling Shareholder aggregating up to ?[?] million; and (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Pre-apply means placing your IPO 4309 application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the IPO 4309 IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the IPO 4309 bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.