South Eastern Coalfields Ltd.

South Eastern Coalfields Ltd. IPO shares are proposed to be listed on BSE and NSE.

Each South Eastern Coalfields Ltd. share has a face value of ₹2.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

Promoters held 100.00% of South Eastern Coalfields Ltd. before the IPO.

66,80,56,100 shares of South Eastern Coalfields Ltd. are being offered to the public in this issue.

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.

SBI Capital Markets Ltd, ICICI Securities Ltd, IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.) and Motilal Oswal Investment Advisors Pvt Ltd are the book running lead managers for the South Eastern Coalfields Ltd. IPO.

Pre-apply means placing your South Eastern Coalfields Ltd. IPO 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 basis of allotment for retail 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 South Eastern Coalfields Ltd. 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 price band or at the cut-off price, and the money stays blocked in your bank account until the basis of allotment 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 South Eastern Coalfields Ltd. IPO 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.