Bharat Coking Coal's Initial Public Offering (IPO) attracts intervention from JSA, Dentons Link Legal, and Hogan Lovells.
**Bharat Coking Coal Limited Prepares for Initial Public Offering**
Bharat Coking Coal Limited, a crucial player in fuelling India's steel sector, has taken a significant step forward in its growth journey by filing a draft red herring prospectus for an initial public offering (IPO) of equity shares. The IPO comprises an offer for sale of up to 465,700,000 equity shares by Coal India Limited.
JSA Advocates & Solicitors have been appointed to advise Bharat Coking Coal Limited on this landmark IPO. The JSA team is led by Arka Mookerjee, with Pracheta Bhattacharya and a team of associates, including Nikhil Panchal, Sourav Modi, Bernedict Rozario, Dhvanit Kothari, and Aditya Shendye, providing support.
On the other hand, Dentons Link Legal has been advising the Book Running Lead Managers (BRLMs) – IDBI Capital Markets & Securities Limited and ICICI Securities Limited – on Indian laws for this IPO. Hogan Lovells Lee & Lee, meanwhile, has been advising the BRLMs on International Laws.
Bharat Coking Coal Limited is a Public Sector Undertaking under Coal India Limited, and it mines and supplies high-grade coking coal, making it one of the most essential contributors to India's industrial and energy infrastructure. The steel sector heavily relies on coal for production and manufacturing processes, and Bharat Coking Coal Limited plays a pivotal role in this regard.
However, no information was provided about the Central Mine Planning & Design Institute's IPO, the offer for sale of equity shares, or the advisors for Bharat Coking Coal Limited in the given facts.
[1] Source: Bar & Bench, dated [insert date if available]
In the context of Bharat Coking Coal Limited's Initial Public Offering (IPO), the finance sector is heavily involved, with JSA Advocates & Solicitors providing legal advice to Bharat Coking Coal Limited, and Dentons Link Legal advising the Book Running Lead Managers on Indian laws. The business impact of this IPO is significant, as Bharat Coking Coal Limited is a key supplier of high-grade coking coal in India's industrial and energy infrastructure, particularly for the steel sector.