BHARATCOAL · NSE,BSE · Coal & Mining
Bharat Coking Coal IPO listed on 16 Jan 2026 on NSE,BSE at ₹45.00, a gain of 95.65% over the issue price of ₹23.00. The IPO was subscribed 143.85x overall.
Bharat Coking Coal IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 09 Jan 2026 |
| IPO Close Date | 13 Jan 2026 |
| Basis of Allotment | 14 Jan 2026 |
| Initiation of Refunds | 15 Jan 2026 |
| Credit of Shares to Demat | 15 Jan 2026 |
| Listing Date | 16 Jan 2026 |
Listing day gain
+95.65%
Listed at ₹45 (issue ₹23)
Issue
₹23
Listing
₹45
Current
₹40.58
+76.43% vs issue
Day range
₹40.12 – ₹45.09
Issue Size
465,700,000 shares
(aggregating up to ₹1,071.00 Cr)
Issue Price
₹21 – ₹23
Face Value
₹10/share
Market Lot
600 shares
Retail Min Investment
₹13,800
Listing At
NSE,BSE
Sale Type
offer for sale
Fresh Issue
[.]
Offer for Sale
₹1,071 Cr
Issue Type
book building
Open Date
09 Jan
Close Date
13 Jan
Allotment
14 Jan
Listing
16 Jan
Last updated: 8 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 19 Jan 2026 Latest | ₹23 | ₹1.5 | ₹24.5 | ₹1.5 |
6.52%
|
4:34 PM |
| 18 Jan 2026 | ₹23 | ₹13.6 | ₹36.6 | ₹13.6 |
59.13%
|
6:44 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 14 Jan 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 310.81x |
| NII | 240.49x |
| bNII (bids above ₹10L) | 275.64x |
| sNII (bids below ₹10L) | 222.78x |
| Retail Investors | 49.37x |
| Shareholders | 87.2x |
| Employees | 5.17x |
| Total | 143.85x |
Showing the latest subscription snapshot.
View full subscription historyThe President of India, acting through the Ministry of Coal, Government of India and Coal India Limited are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹13,800 |
| Retail (Max) | 14 | 8,400 | ₹193,200 |
| S-HNI (Min) | 15 | 9,000 | ₹207,000 |
| S-HNI (Max) | 72 | 43,200 | ₹993,600 |
| B-HNI (Min) | 73 | 43,800 | ₹1,007,400 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Employee + RII/NII | Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs) If applying as RII: Upto Rs. 2 lakhs If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs |
Yes |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion |
No |
| Only employee | Employee limit: Up to Rs 5 Lakhs. (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs) |
Yes |
| Only RII | Up to Rs 2 Lakhs |
Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs |
No |
BCCL is a wholly owned subsidiary of Coal India Limited, under the Ministry of Coal, Government of India. It is one of the largest producers of coking coal in India, supplying key inputs for steel production and power generation. The company operates multiple mines in Jharia and Raniganj coalfields, producing both coking and non-coking coal. It commands a dominant share in India’s domestic coking coal output and supports the steel sector’s raw material needs. BCCL’s strengths include its strategic reserves, operational scale, strong parentage (Coal India), and critical role in the coal supply chain.
Bharat Coking Coal Limited (BCCL) – Key Strengths & Growth:
• BCCL is India’s largest producer of coking coal, a critical raw material for the steel industry.
• It has a strong reserve base and long mine life, ensuring sustainable operations.
• Being a Coal India subsidiary and PSU, it enjoys government support and business stability.
• Rising steel production and infrastructure growth in India drive long-term demand.
• Ongoing modernisation and efficiency improvements support better productivity and margins.
• Strategic importance to India’s industrial growth makes BCCL a structural long-term play.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 13,018.57 | 14,652.53 | 14,401.63 |
| Profit After Tax (PAT) | 664.78 | 1,564.46 | 1,240.19 |
| EBITDA | 891.31 | 2,493.89 | 2,356.06 |
| Total Assets | 13,312.86 | 14,727.73 | 17,283.48 |
| Net Worth | 3,791.01 | 5,355.47 | 6,551.23 |
| Reserves & Surplus | -853.1 | 664.72 | 1,805.73 |
| Total Borrowing | - | - | - |
Revenue & Profit Trend
The basis of allotment for Bharat Coking Coal IPO was finalised on 14 Jan 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Bharat Coking Coal IPO is expected to open in Jan 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Bharat Coking Coal IPO is ₹21.00 - ₹23.00 per share.
As per market sources, Bharat Coking Coal IPO GMP is currently ₹1.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Bharat Coking Coal IPO stands at 143.85x overall.
The listing date for Bharat Coking Coal IPO is 16 Jan 2026.
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