Archive · 17 Jan 2026
Bharat Coking Coal IPO Allotment Finalized, Listing on January 19
Bharat Coking Coal Ltd, a company that makes different types of coal, recently finished selling shares to the public for the first time.
Lots of people wanted to buy these shares, so the sale was very successful.
The company will now start selling these shares on the stock market on January 19.
Before the official sale, people are already buying and selling these shares at a higher price in a special market called the grey market.
This means that when the shares officially start selling, they might be worth more than the price they were sold for initially.
Bharat Coking Coal IPO was subscribed 146.87 times, indicating high investor demand.
IPO allotment status was finalized on January 14, with the listing date set for January 19.
Shares will be listed on both BSE and NSE exchanges.
The IPO price band was ₹21 to ₹23 per share, with a total issue size of ₹1,071.11 crore.
Grey market premium (GMP) is ₹13.25 per share, suggesting a potential listing price of ₹36.25.
- Who
- Bharat Coking Coal Ltd, a subsidiary of Coal India
- What
- Initial Public Offering (IPO) allotment finalized and listing date announced
- When
- IPO allotment date was January 14, 2024; listing date is January 19, 2024
- Where
- Shares to be listed on BSE and NSE
- Why
- To raise funds through an offer for sale of equity shares
- IPO Subscription
- 146.87 times
- IPO Price Band
- ₹21 to ₹23 per share
- IPO Size
- ₹1,071.11 crore
- Equity Shares Offered
- 46.57 crore
- Grey Market Premium (GMP)
- ₹13.25 per share
- Estimated Listing Price
- ₹36.25 per share
- Listing Date
- January 19, 2024
- Listing Exchanges
- BSE and NSE