Archive · 13 Jan 2026
Bharat Coking Coal IPO Sees Strong Demand
Bharat Coking Coal's IPO is open for bidding until January 13.
The issue has seen a strong response, with a subscription rate of over 8 times on the first day.
The IPO is entirely an offer-for-sale, meaning the company won't receive any proceeds, and the full amount will go to the selling shareholder, Coal India.
The price band is set at ₹21-23 per share, with a minimum investment of ₹13,800 for retail investors.
The grey market premium indicates a potential listing price of ₹33.6 per share, which is over 46% higher than the IPO price.
Brokerages have mixed views, with some recommending the IPO for listing gains and others highlighting operational challenges and attractive valuation.
The company is the largest producer of coking coal in India, with significant coal reserves.
Bharat Coking Coal's IPO is open for subscription until January 13, with a strong response on the first day, subscribed 8.09 times.
The IPO is entirely an offer-for-sale, with proceeds going to the promoter Coal India.
The price band is set at ₹21-23 per share, with a minimum investment of ₹13,800 for retail investors.
Brokerages have mixed views, with some recommending the IPO for listing gains and others highlighting operational challenges and attractive valuation.
The company has raised ₹273.1 crore from anchor investors ahead of the public issue, and the grey market premium indicates a potential listing price of ₹33.6 per share.
- Who
- Bharat Coking Coal Limited (BCCL)
- What
- Initial Public Offering (IPO)
- When
- January 9-13 (bidding), January 16 (listing)
- Where
- BSE and NSE
- Why
- Offer-for-sale by promoter Coal India
- IPO Size
- ₹1,071 crore
- Price Band
- ₹21-23 per share
- IPO Date
- January 9-13
- GMP
- ₹10.6
- IPO Allotment Date
- January 14
- Listing Date
- January 16
- Minimum Investment for Retail
- ₹13,800
- Anchor Investment
- ₹273.1 crore
- Subscription Rate (Day 1)
- 8.09x
- Estimated Listing Price
- ₹33.6 per share
Sources
LIVE: Will Bharat Coking Coal IPO see bumper listing? GMP up 45%, subscribed over 8%
Bharat Coking Coal IPO Day 2 LIVE: BCCL IPO GMP signals 46% listing pop — Issue booked over 8x so far. Should you bid?
Bharat Coking Coal IPO Day 2: Issue subscribed 8.09x so far. Check GMP, key dates, review. Should you apply or not?
Bharat Coking Coal IPO GMP up over 40%: Is India’s first big IPO of 2026 a ‘Subscribe’ or ‘Avoid’
Bharat Coking Coal IPO subscribed 22x on day 2 so far; check latest GMP, reviews & more
Bharat Coking Coal IPO Day 3: GMP, subscription status to review. Apply or not?
