Bharat Coking Coal Ltd (BCCL), a wholly owned subsidiary of Maharatna-status Coal India Ltd and India’s largest producer of coking coal, is launching an initial public offering (IPO) to raise approximately ₹1,071.11 crore. The issue opens for subscription on January 9, 2026, and will close on January 13, 2026, with the price band fixed at ₹21 to ₹23 per share. The IPO is a book-built issue comprising entirely an offer for sale (OFS) of 46.57 crore equity shares aggregating up to ₹1,071.11 crore, with no fresh issue component. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with a tentative listing date of January 16, 2026, subject to allotment and regulatory approvals.
Bharat Coking Coal IPO Day 3 Subscription Status
On Day 3, the Bharat Coking Coal IPO witnessed an extraordinary surge in demand, with overall subscription soaring to 146.38 times, underscoring overwhelming investor enthusiasm. The QIB segment saw a dramatic jump to 310.81 times, reflecting strong institutional conviction. Non-Institutional Investors (NII) remained highly aggressive at 257.74 times, led by bNII at 275.64 times and sNII at 221.93 times. Retail Individual Investors (RII) subscribed the issue 48.52 times, while Employees and Shareholders recorded subscriptions of 5.12 times and 86.61 times, respectively. In total, the IPO attracted 89,83,388 applications with bids amounting to approximately ₹1,16,804 crore, marking one of the most emphatic IPO responses in recent times and signaling exceptionally strong market confidence.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 310.81 |
| Non-Institutional Investors (NII) | 257.74 |
| bNII (above ₹10 lakh) | 275.64 |
| sNII (less than ₹10 lakh) | 221.93 |
| Retail Individual Investors (RII) | 48.52 |
| Employees | 5.12 |
| Shareholders | 86.61 |
| Total Subscriptions | 146.38 |
Total Applications: 89,83,388
Total Bid Amount (₹ Crores): ₹1,16,804
How to Check Bharat Coking Coal IPO Allotment Status
Bharat Coking Coal IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (Kfin Technologies Ltd.)
The most reliable way is to check the allotment from Kfin Technologies Limited’s website.
How to do:
- Visit Kfin Technologies Ltd.’s official website
- Select “Bharat Coking Coal” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “Bharat Coking Coal” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Bharat Coking Coal IPO
Since the Bharat Coking Coal IPO is a 100% Offer for Sale (OFS), the company will not receive any proceeds from the issue. The entire IPO proceeds will be received by the selling shareholders, and no funds will be utilized by Bharat Coking Coal for business expansion, capital expenditure, or other corporate purposes.
Bharat Coking Coal IPO GMP – Day 3 Update
The grey market premium (GMP) of Bharat Coking Coal IPO is ₹10.30 of 5:00 PM on January 13, 2026. The upper limit of the price band is ₹23, and based on the current GMP, the estimated listing price is ₹33.30, indicating a potential gain of approximately 44.78% per share.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 13-01-2026 (Day 3) | 10.30 | 33.30 | 44.78% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Bharat Coking CoalIPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | January 09, 2025 |
| IPO Closing Date | January 13, 2025 |
| Issue Price Band | ₹21 to ₹23 per share |
| Total Issue Size | 46,57,00,000 shares(agg. up to ₹1,071 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | KFin Technologies Ltd. |
| Bharat Coking CoalIPO RHP | Bharat Coking Coal RHP |
Important Dates for Bharat Coking CoalIPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | January 14, 2025 |
| Refunds Initiation | January 15, 2025 |
| Credit of Shares to Demat | January 15, 2025 |
| Listing Date | January 16, 2025 |
Bharat Coking Coal Overview
Bharat Coking Coal Limited (BCCL) is India’s largest coking coal producer, accounting for 58.50% of domestic coking coal production in FY25, as per CRISIL. Its primary product is coking coal, with estimated reserves of about 7,910 million tonnes as of April 1, 2024, making it one of the largest reserve holders in the country. BCCL produces multiple grades of coking coal, non-coking coal, and washed coal, mainly supplying the steel and power sectors. A wholly owned subsidiary of Coal India Limited, BCCL was incorporated in 1972 and received Mini Ratna status in 2014. Its operations are concentrated in the Jharia coalfield (Jharkhand) and Raniganj coalfield (West Bengal), spanning 288.31 sq. km. Coal production grew from 30.51 million tonnes in FY22 to 40.50 million tonnes in FY25, reflecting strong operational expansion driven by capacity addition, advanced mining practices, and efficient use of heavy earth-moving machinery.
Frequently Asked Questions (FAQs)
What is the opening and closing date of the Bharat Coking Coal IPO?
Bharat Coking Coal IPO is open on January 09, 2025 and will close on January 13, 2025.
What is the price band of the Bharat Coking Coal IPO?
Its price band is fixed from ₹21 to ₹23 per share.
What is the GMP (Grey Market Premium) of the Bharat Coking Coal IPO today?
The GMP on January 13, 2025 is ₹10.30, which leads to a possible listing price of ₹33.30
What is the total issue size of the Bharat Coking CoalIPO?
The total issue size of the Bharat Coking CoalIPO is ₹1017 crore, structured entirely as an Offer for Sale (OFS) by existing shareholders, with no fresh issue component.
What is the expected listing date of the Bharat Coking CoalIPO?
This IPO is expected to be listed on BSE and NSE on January 16, 2025.
