8 months ago
BCCL to Launch Rs 1,300 Crore IPO
Bharat Coking Coal Limited (BCCL), a big company that mines coal, is going to sell some of its shares to the public for the first time.
This is called an IPO, and it's worth Rs 1,300 crore.
The company's parent, Coal India, will sell its shares, but BCCL won't get any money from this sale.
The IPO will start on 9 January 2026, and before that, they will announce the price of the shares on 5 January.
Some shares are reserved for employees and existing shareholders.
BCCL is the largest producer of a special kind of coal called coking coal in India.
They have a lot of coal reserves and use big machines to mine the coal.
However, their profits and revenue have been decreasing recently, which might be something investors will think about.
The shares will be allotted on 14 January 2026, and the stock is likely to list on the BSE and NSE on 16 January 2026.
BCCL's IPO, valued at Rs 1,300 crore, will launch on 9 January 2026.
Coal India will offload its stake through an offer for sale, with no fresh issue involved.
The price band for the IPO will be announced on 5 January, with anchor investor bidding on 8 January.
The IPO includes a reservation of up to 2.32 crore shares for employees and 4.65 crore shares for existing shareholders.
BCCL reported a net profit decline for FY25 and the first half of FY26, with revenue also decreasing.
- Who
- Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Ltd
- What
- Launch of an initial public offering (IPO) valued at Rs 1,300 crore
- Where
- BCCL's mining operations are in Jharia coalfields (Jharkhand) and Raniganj coalfields (West Bengal)
- When
- IPO launch on 9 January 2026, price band announcement on 5 January 2026, anchor investor bidding on 8 January 2026, public issue closing on 13 January 2026, allotment on 14 January 2026, listing on 16 January 2026
- Why
- To facilitate the offer for sale and secure the benefits of listing its equity shares on the stock exchanges
Key facts
- IPO Launch Date
- 9 January 2026
- IPO Value
- Rs 1,300 crore
- Price Band Announcement
- 5 January 2026
- Anchor Investor Bidding
- 8 January 2026
- Public Issue Closing
- 13 January 2026
- Shares for Employees
- Up to 2.32 crore
- Shares for Existing Shareholders
- 4.65 crore
- Total Paid-up Equity Capital
- 10% of total
- Allotment Date
- 14 January 2026
- Listing Date
- 16 January 2026
Timeline
PMO orders Coal India: List subsidiaries by 2030. First up: Bharat Coking Coal.
BCCL's Rs 1,300 crore IPO launches 9 Jan 2026.





