Archive · 5 Jan 2026
Bharat Coking Coal Launches ₹1,071 Crore IPO
Bharat Coking Coal, a company owned by Coal India, is launching an IPO worth ₹1,071 crore.
The IPO will be open from January 9 to January 13, 2026, with shares priced between ₹21 and ₹23 each.
Investors need to buy at least 600 shares, costing a minimum of ₹13,800.
The money from the IPO will go to Coal India, which is selling its shares.
Bharat Coking Coal is the biggest producer of coking coal in India.
The company plans to increase its production and improve the quality of its coal.
It also aims to use more solar power and reduce coal imports for the steel industry.
The company has 34 mines and made a profit of ₹124 crore in the first half of the fiscal year.
Bharat Coking Coal, a subsidiary of Coal India, is launching a ₹1,071 crore IPO with a price band of ₹21-23 per share.
The IPO will open on January 9, 2026, and close on January 13, 2026, with a minimum investment of ₹13,800 for 600 shares.
The IPO is an offer for sale by Coal India, with a reservation of ₹107 crore for eligible Coal India shareholders.
Bharat Coking Coal is the largest coking coal producer in India, with plans to increase production and improve coal quality.
The company aims to enhance solar power capacity to 200 MW by FY30 and reduce coal imports for the steel industry.
- Who
- Bharat Coking Coal, a subsidiary of Coal India Ltd.
- What
- Launched a ₹1,071 crore IPO with a price band of ₹21-23 per share.
- When
- IPO opens on January 9, 2026, and closes on January 13, 2026.
- Where
- India
- Why
- To raise funds through an initial public offering and expand operations.
- Company
- Bharat Coking Coal
- IPO Size
- ₹1,071 crore
- Price Band
- ₹21-23 per share
- IPO Opening Date
- January 9, 2026
- IPO Closing Date
- January 13, 2026
- Minimum Investment
- ₹13,800
- Parent Company
- Coal India Ltd.
- GMP
- ₹16.25
- Reserved for Coal India Shareholders
- ₹107 crore
- Coking Coal Reserves
- 7,910 million tonnes
- Production Target by FY30
- 55 million tonnes
- Solar Power Capacity Target by FY30
- 200 MW
- Current Revenue (6 months ended Sept 2025)
- ₹5,659 crore
- Current Net Profit (6 months ended Sept 2025)
- ₹124 crore
- Operational Mines
- 34 (4 underground, 26 opencast, 4 mixed)
Sources
Bharat Coking Coal, a Coal India unit, fixes price band for ₹1,071 crore IPO; Details here
Bharat Coking Coal IPO opens on Jan 9; check price band, GMP, issue size, key dates & more
Coal India subsidiary Bharat Coking Coal's IPO to open on Friday; price band fixed. Check GMP, other details
Coal India arm BCCL IPO opens January 9: Is the 70% GMP sustainable? Check issue price, key dates
BCCL IPO GMP jumps after announcement of price band, issue opening date
Coal India arm BCCL steps up coking coal push; eyes ₹20,000 crore revenue by FY30
Coal India's Arm Bharat Coking Coal Sets IPO Price Band At ₹21–23 Per Share
Bharat Coking Coal to launch IPO for ₹1,071 cr on Jan 9
