Two IPOs are opening in the week starting tomorrow, November 16. There is an opportunity to invest in Mahanadi Coalfields and Crystal Crop Protection, a subsidiary of government company Coal India. 1. Mahanadi Coalfields IPO will be open from 19th to 23rd November. This IPO will open on 19th November and will close on 23rd November. The company has not released the price band of the IPO. Through this issue, Coal India is preparing to raise about ₹ 9,500 crore by selling 10% stake. Listing of shares may take place on November 27. The entire issue will be Offer for Sale (OFS), the company will not get any money. This IPO of Mahanadi Coalfields will be completely Offer for Sale (OFS). Under this, parent company Coal India will sell its 66.18 crore equity shares. Since it is OFS, the entire amount raised from the IPO will go to Coal India and Mahanadi Coalfields will not get any funds from it. What does Mahanadi Coalfields do? Mahanadi Coalfields (MCL), formed in 1992, is the largest subsidiary of Coal India in terms of production. In the financial year 2025-26, the company produced 218.31 million tonnes of coal. The share of MCL alone in the total non-coking coal production of the country is about 22.4%. At the same time, its share in the total coal production of Coal India is also 28%. Coal India’s share in India’s total domestic coal production is more than 80%. Coal India’s third subsidiary will be listed this year. Earlier this year, Coal India has already listed two of its other subsidiary companies in the stock market. The IPO of Bharat Coking Coal Limited came in January 2026. Central Mine Planning and Design Institute Limited was listed in March. 2. Investment opportunity in Crystal Crop Protection from 18 to 20 November. Crystal Crop Protection has fixed the share price band for IPO at ₹ 259 to ₹ 272. This IPO will open for subscription on 18 November 2026 and will close on 20 November. Investors can bid for a minimum of 55 shares and thereafter can apply in multiples of 55 shares. The company wants to raise Rs 455 crore through this IPO. This IPO, with a face value of ₹10, includes a fresh issue of up to ₹355 crore and OFS i.e. offer-for-sale of up to 3,702,694 shares by promoter Ankur Aggarwal. Listing of shares may take place on November 26. What does Crystal Crop Protection do? It is an agriculture related solutions company, which mainly manufactures agrochemicals and seeds. The company’s portfolio includes products to protect crops from insects, weeds and diseases as well as bio-stimulants. What is Fresh Issue and OFS? When a company brings an IPO, it issues shares in two ways. Fresh Issue and Offer for Sale i.e. OFS. The money from the fresh issue is used in the company’s business. At the same time, in OFS, the promoters or big investors of the company sell stake.
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Two big investment opportunities in the stock market next week: Mahanadi Coalfields and Crystal Crop IPO will open; Know important things
