SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Government to sell up to 3% stake in Coal India

01 Jun 2023 Evaluate

The government is all set to sell up to 3 per cent stake in Coal India through the offer for sale route from June 1, 2023. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2, 2023. The proposal is to offload 9.24 crore shares amounting to a stake of 1.5 per cent in the coal producer.

Besides, there will be a green shoe option for selling an equal amount of stake in case of over subscription. 

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

438.70 5.80 (1.34%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×