Bharat Coking Coal IPO Subscription: Today is the last chance for investors to invest money in the mainboard IPO of Bharat Coking Coal. Due to the strong signals coming from the gray market, there is a lot of enthusiasm in the market regarding this issue. There is a strong increase in subscription figures also.
The IPO has received a total of 39.48 times subscription so far. In which participation of retail investors has been highest. The listing of this IPO, which opened on January 9, will be on both BSE and NSE platforms. Let us know, from price band to other information…
Price band and investment details
Talking about the size of the IPO, it is worth a total of Rs 1,071.11 crore. In the IPO of Bharat Coking Coal, the price of shares has been fixed at Rs 21 to 23 per share. One lot of 600 shares has been kept in this issue. That means retail investors will have to invest at least Rs 13,800. The company has also given a discount of Re 1 per share for its employees.
This much has been subscribed so far
Talking about the subscription figures, Bharat Coking Coal’s IPO has been subscribed a total of 39.48 times. Retail investors participated the most in this. Retail investors have subscribed the IPO 29.66 times. Whereas 1.49 times the number of applications were received in QIB category and 119.60 times in NII segment.
Performance of shares in gray market
Company shares are performing well in the gray market. According to the report of Investors Gain, the shares were trading at a premium of Rs 10.60. That means the shares are pointing towards a listing gain of 46.09 percent.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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