Bharat Coking Coal Limited
CLOSEDIPO Date: 9 Jan - 13 Jan 2026
Listing Date: 19 Jan 2026
Price Range
Rs.21 - Rs.23
Issue Size
1071 Cr
Min Investment
₹12,600
Lot Size
600 Shares
Schedule of Bharat Coking Coal Limited
Issue open date
9 Jan 2026
Issue close date
13 Jan 2026
UPI mandate deadline
13 Jan 2026 (5 PM)
Allotment finalization
14 Jan 2026
Share credit
16 Jan 2026
Listing date
19 Jan 2026
Mandate end date
28 Jan 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1071 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 1071.11 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 14 Jan 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 18 Jan 2026 | ₹23 | ₹14 | ₹37 (58.7%) |
| 17 Jan 2026 | ₹23 | ₹12 | ₹35 (53.91%) |
| 16 Jan 2026 | ₹23 | ₹13 | ₹36 (57.39%) |
| 15 Jan 2026 | ₹23 | ₹14 | ₹37 (60.87%) |
| 12 Jan 2026 | ₹23 | ₹11 | ₹34 (46.09%) |
| 11 Jan 2026 | ₹23 | ₹11 | ₹34 (46.09%) |
| 10 Jan 2026 | ₹23 | ₹10 | ₹33 (45.22%) |
| 8 Jan 2026 | ₹23 | ₹9 | ₹32 (40.22%) |
| 7 Jan 2026 | ₹23 | ₹11 | ₹34 (49.57%) |
| 6 Jan 2026 | ₹23 | ₹12 | ₹35 (50%) |
| 5 Jan 2026 | ₹23 | ₹14 | ₹37 (58.7%) |
| 4 Jan 2026 | ₹23 | ₹0 | ₹23 (0%) |
| 3 Jan 2026 | ₹23 | ₹0 | ₹23 (0%) |
Performance Bharat Coking Coal Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.21 - Rs.23 | ₹ 45 (95.65%) | ₹ 35.62 | 54.87% |
About Bharat Coking Coal Limited
Bharat Coking Coal Ltd (BCCL) is a wholly-owned subsidiary of Coal India Limited (CIL). It was incorporated in 1972 to mine and supply coking coal concentrated in mines located at Jharia, Jharkhand and Raniganj, West Bengal coalfields. BCCL was the largest coking coal producer in India in FY25 in terms of coking coal production. The company holds an estimated reserve of approximately 7,910 million tonnes of coking coal, as of April 1, 2024, making it one of the largest coking coal reserve holders in India. Bharat Coking Coal produces various grades of coking coal, non-coking coal and washed coals for applications primarily in the steel and power industries. As of September 30, 2025, it operated a network of 34 operational mines, including four underground mines, 26 opencast mines, and four mixed mines.
| Founded in | 1972 |
| Managing director | Mr Manoj Kumar Agarwal |
| Parent organization |
Financial Overview
Strengths
- Leading producer of coking coal critical to India’s steel industry.
- Established operations since 1972 with deep mining expertise.
- Strong promoter backing from the Government of India and Coal India Limited.
- Access to significant coal reserves in key coalfields.
- Integrated mining and coal processing operations.
Risks
- Heavy dependence on demand from the steel sector.
- Geographic concentration of mines increases operational risk.
- Business is highly influenced by government regulation and policy.
- Exposure to contingent liabilities and legal proceedings.
- Reliance on Coal India Limited for strategic support.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 310.81 |
| Non-Institutional Investors (NIIs) | 257.77 |
| Retail Individual Investors (RIIs) | 48.51 |
| Employee | N/A |
| Total | 146.39 |