Mumbai, June 2 -- The OFS, launched by the President of India through the Ministry of Coal, had a base offer of 6.16 crore shares, representing 1% of the company's equity capital, along with an oversubscription option for another 6.16 crore shares. This increased the total offer size to 12.32 crore shares, equivalent to 2% of Coal India's equity.

The issue opened for non-retail investors on 27 May 2026 at a floor price of Rs 412 per share.

Investor response was strong. On the first day reserved for non-retail investors, bids were received for 45.17 crore shares against the total non-retail offer size of 11.09 crore shares, resulting in a subscription of 407.17%. Bids backed by 100% margin accounted for 14.30 crore shares, while bids wit...