Archive · 7 Jan 2026
BCCL IPO Opens January 9
Bharat Coking Coal Ltd (BCCL), a company owned by Coal India, is launching its IPO on January 9, 2026.
The IPO aims to raise ₹1,071 crore by selling 46.57 crore shares at ₹21-23 each.
This is the first IPO of 2026 and is seen as a test of investor interest in new listings.
The shares will be listed on January 16, 2026.
Coal India is expected to make a ₹605 crore profit, a 130% return on its investment.
BCCL is focusing on increasing production to meet the growing demand from the steel sector and is part of the government's plan to make Coal India's subsidiaries more transparent and valuable.
However, investors should be aware of potential risks such as poor coal quality, geographic concentration of operations, and environmental mandates.
BCCL's IPO opens on January 9, 2026, with a price band of ₹21-23 per share.
The IPO aims to raise ₹1,071 crore through an offer for sale of 46.57 crore shares.
The issue is closely watched as an early indicator of investor appetite for new listings.
BCCL is realigning its production mix to cater to rising demand from the steel sector.
The IPO is part of the government's divestment strategy to unlock value in Coal India’s subsidiaries.
- Who
- Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India
- What
- Initial Public Offering (IPO)
- When
- January 9-13, 2026 (subscription), January 16, 2026 (listing)
- Where
- India
- Why
- Part of the government's divestment strategy to unlock value in Coal India’s subsidiaries and improve transparency
- IPO Price Band
- ₹21-23 per share
- IPO Size
- ₹1,071 crore
- Subscription Dates
- January 9-13, 2026
- Anchor Investor Bidding
- January 8, 2026
- Listing Date
- January 16, 2026
- Total Shares Offered
- 46.57 crore
- Grey Market Premium
- 63.04%
- Coal India's Profit
- ₹605 crore (130% return)
- Coal India's WACA
- ₹10 per share
- BCCL's FY25 Revenue
- ₹13,802 crore
- BCCL's FY25 Profit
- ₹1,204 crore
- BCCL's Coal Production (FY25)
- 40.50 million tonnes
Sources
Coal India arm BCCL IPO price band Rs 21-23 opens Jan 9 aims Rs 1071 crore listing - Telegraph India
BCCL IPO: GMP exceeds 50%, but are these 8 risks dealbreaker for investors?
₹605-crore windfall! Coal India to make multibagger returns on stake sale in BCCL IPO
Bharat Coking Coal IPO: All you need to know like key dates, GMP, financials, risks & more
BCCL IPO: How much profit will Coal India pocket from the 10% stake sale?
