Archive · 8 Jan 2026
Bharat Coking Coal IPO Opens January 9
Bharat Coking Coal Ltd (BCCL) is opening its IPO on January 9, 2026.
The IPO will run until January 13, 2026, with shares priced between ₹21 and ₹23 each.
Investors can buy at least 600 shares.
The company aims to raise ₹1,071 crore through the Offer for Sale route.
Shares are available in the grey market at a premium of ₹11.50, suggesting a potential 50% listing gain.
The IPO includes a special quota for Coal India shareholders.
The net proceeds will go to Coal India Ltd rather than BCCL.
Bharat Coking Coal Ltd (BCCL) IPO opens on January 9, 2026, and closes on January 13, 2026.
The IPO is priced between ₹21 and ₹23 per share, with a minimum application of 600 shares.
The ₹1,071 crore IPO includes a dedicated shareholder quota of ₹107 crore for eligible Coal India shareholders.
Shares are available in the grey market at a premium of ₹11.50, indicating a potential 50% listing gain.
The net proceeds of the IPO will go to Coal India Ltd rather than BCCL.
- Who
- Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India
- What
- Initial Public Offering (IPO) opening
- When
- January 9, 2026 to January 13, 2026
- Where
- India
- Why
- To divest 46.57 crore equity shares by Coal India
- IPO Opening Date
- January 9, 2026
- IPO Closing Date
- January 13, 2026
- Price Band
- ₹21 to ₹23 per equity share
- Minimum Application
- 600 shares
- Total Issue Size
- ₹1,071 crore
- Total Shares Offered
- 46.57 crore
- Dedicated Shareholder Quota
- ₹107 crore
- Lead Managers
- IDBI Capital Markets & Securities, ICICI Securities
- Registrar
- KFin Technologies
- GMP Premium
- 50%
Sources
Bharat Coking Coal IPO opens January 9: SBI Securities recommends subscription
Steel over power: Is BCCL’s new strategy worth a bet for investors?
Bharat Coking Coal IPO opens soon: GMP signals 50% listing gain! Review, other details about upcoming IPO in 10 points
Bharat Coking Coal IPO opens on Friday: Here are 8 key risks investors must know before applying