Coal India Share Price Falls Over 2%; Records All-Time High Coal Supplies in October 2026

Written by: Team Angel OneUpdated on: 4 Nov 2026, 5:04 pm IST

South Eastern Coalfields Limited, a subsidiary of Coal India, files DRHP for IPO, offering 66,80,56,100 shares at ₹2 each.

In October FY 2026–27, Coal India Limited achieved its highest-ever monthly coal supplies and on November 2, 2026, Coal India Limited announced a regulatory disclosure regarding its subsidiary, South Eastern Coalfields Limited (SECL), as per the exchange filings.

The disclosure, filed with the Bombay Stock Exchange and the National Stock Exchange, pertains to the Draft Red Herring Prospectus (DRHP) for SECL's proposed Initial Public Offering (IPO).

Coal India's Record Operational Performance

In October FY 2026–27, Coal India Limited achieved its highest-ever monthly coal supplies, reaching 70.3 million tonnes (MT). This surpassed the previous record of 69.4 MT set in March 2026.

The supplies represented a 19% increase over the 59.2 MT supplied in October FY 2025–26. Subsidiary Mahanadi Coalfields Limited (MCL) also crossed the 20 MT monthly supply mark.

Power Sector and Railway Coal Evacuation

Supplies to the power sector reached 57.1 MT in October FY 2026–27, marking a 19% rise from the 48 MT supplied in October FY 2025–26. This surpassed the previous monthly high of 56.5 MT from May 2024.

Additionally, Coal India achieved a historic milestone in railway coal evacuation, with an average power-sector rake loading of 310 rakes per day, exceeding the previous benchmark of 302.8 rakes set in March 2025.

Details of the SECL IPO Filing

The DRHP for SECL was officially filed on November 1, 2026, with the Securities and Exchange Board of India (SEBI), BSE, and NSE. This filing is in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

The proposed IPO involves an Offer for Sale of up to 66,80,56,100 equity shares, each with a face value of ₹2, entirely held by Coal India Limited.

Coal Production and Growth Trends

Coal production in October FY 2026–27 reached 67.2 MT, setting a new record for the month and surpassing the 62.47 MT recorded in October 2024.

This production level was 19% higher than the 56.38 MT achieved in October FY 2025–26, reflecting increased mining activity following the monsoon season.

As of November 04, 2026, at 10:37 AM, Coal India share price on NSE was trading at ₹399.40, down by 2.11% from the previous closing price.

Conclusion

Coal India Limited's subsidiary SECL filed a DRHP for an IPO offering 66,80,56,100 shares at ₹2 each. In October FY 2026–27, Coal India recorded 70.3 MT of coal supplies, a 19% increase from the previous year, with power sector supplies reaching 57.1 MT.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Nov 4, 2026, 11:34 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More