The story
BCCL incurred sustained losses from its incorporation in 1971 until it reported its first annual profit in 2005–06. BCCL's net worth turned negative in 1994–95, and the company was referred to the Board for Industrial and Financial Reconstruction in 2001 for rehabilitation. A capital infusion of ₹2,539 crore (US$433.29 million) by Coal India Limited in April 2013 revived BCCL from industrial sickness.
In January 2026, BCCL went public with an initial public offering structured as a book-built issue consisting solely of an offer for sale by its parent, Coal India Limited.
From Wikipedia’s article on Bharat Coking Coal, shared under CC BY-SA 4.0.5