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Coal India OFS Draws Rs 19,000 Crore Bids — India Verified

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Coal India OFS Draws Rs 19,000 Crore Bids

Business27 May 2026 at 07:37 pmQuick read

Coal India OFS Draws Rs 19,000 Crore Bids

Credibility score80 / 100

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2sources verified

Coal India's offer-for-sale drew strong institutional demand. Bids worth Rs 19,000 crore were placed on the first day. The government is selling a 2 percent stake.

AI Credibility Analysis

The score falls in the 70-89 band as there are 2 named sources, some specific data like the bid amount and issue size, but no official government statements.

Original Sources

The Economic Times
Times of India

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Coal India OFS Draws Rs 19,000 Crore Bids

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