Bharat Coking Coal IPO 2026: Initial Public Offering (IPO) of a government company is coming in the stock market in the new year 2026. Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India, is going to enter the market soon. The company IPO will open for subscription from January 9.

Talking about the performance of the company’s shares in the gray market, it is giving good signals for the investors. In the gray market, this issue seems to be trading at a premium of around Rs 11.4 per share. Let us know, from price band to other information…

IPO size and price band

The price band of the IPO has been fixed by the company between Rs 21 and Rs 23 per share. Investors will have to bet on at least 600 shares. That means retail investors will have to invest Rs 13,800 for company shares.

Bharat Coking Coal Limited will try to raise Rs 1,071.11 crore from this IPO. IPO is completely an offer for sale. The company is planning to sell 46.57 crore equity shares under this.

Condition of company shares in gray market

Talking about the performance of company shares in the gray market, GMP is showing a strong position. For the last two days the company shares have remained stable around Rs 11.5. This is indicating about 50 percent premium over the company’s fixed price band. There can be enthusiasm among investors due to the movement of shares in the gray market.

What does the company do?

Bharat Coking Coal Limited was established in the year 1972. The company is a subsidiary of Coal India Limited, which is known for the supply of coking coal across the country. The company mainly deals in mining of coking coal, non-coking coal etc.

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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Bharat Coking Coal IPO: The first mainboard Initial Public Offering (IPO) is going to come for stock market investors in the new year. A subsidiary of a leading government company related to the coal sector is going to enter the market, for which a price band has been fixed.

The IPO of Coal India’s subsidiary Bharat Coking Coal worth about Rs 1,071 crore will open from January 9. This issue will be a complete offer for sale. That means no new shares will be issued in this. Let us know about this IPO….

The company decided the price band

Investors will be able to bid in the Rs 1,071 crore IPO of Bharat Coking Coal at a price band of Rs 21 to 23. 600 shares have been placed in one lot, while it has been decided to give a discount of Rs 2 per share to the employees.

The company has fixed January 9 as the date for the IPO. Investors will be able to place bets till January 13. Allotment of shares will take place on January 14. It is expected that the company shares will be listed on BSE and NSE on January 16.

How many shares will be issued

The company is going to issue a total of 46.57 crore shares with face value of Rs 10 in the market under IPO. However, no new shares will be issued in this. The entire issue has been placed under offer for sale. Under this IPO, promoter Coal India is planning to reduce its stake by about 10 percent.

Condition of company shares in gray market

Shares of Bharat Coking Coal are showing tremendous growth in the gray market. The shares are trading above the upper price band by Rs 16.25. Due to which enthusiasm can be seen among investors.

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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