Bharat Coking Coal IPO subscribed over 8.13x on day 1

The Bharat Coking Coal subscription started on January 9, 2026, and will close on January 13, 2026, as per the schedule. The price band is set at ₹21 to ₹23 per share with a face value of ₹10 each.

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Bharat Coking Coal IPO Subscription Status 

Bharat Coking Coal IPO subscribed over 8.13x on its first day till 5.00 PM on January 9, 2026.         

  • Bharat Coking Coal IPO subscription QIB investors’ portion is 0.30x, while NII subscribed 16.41x, and RII investors subscribed 9.35x.  
  • The company has received bids for 2,82,07,32,000 shares against 34,69,46,500 on offer for the first-day subscription. 
  • Bharat Coking Coal IPO subscribed over 8.13x on its day 1. 

About Bharat Coking Coal Company 

Bharat Coking Coal Limited (BCCL), established in 1972, is one of the leading companies that mine and supply coking coal, non-coking coal, and washed coal. In 2014, the company received Mini Ratna status in the supply of coking coal serving the steel and power industries. The company runs its business with mines located at Jharia, Jharkhand, and Raniganj, West Bengal coalfields. 

In FY25, the company’s coal production increased to 40.50 million tonnes. Furthermore, in FY25, the company has produced nearly 58.5% of India’s domestic coking coal. 

Bharat Coking Coal IPO GMP: 

Bharat Coking Coal IPO GMP was ₹11 as of Friday, 9 January 2026. That indicates the IPO is trading at ₹34 with a ₹11 premium in the grey market against the issue price of ₹23. 

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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