Bharat Coking Coal Limited (BCCL), a part of Coal India, launched its IPO on January 9, 2026. This initial public offering (IPO) aims to raise ₹1,071.11 crore. All shares are being sold from existing investors, meaning the company isn’t raising new capital.
The subscription for the IPO closed on January 13, and allotment of shares is expected on January 14. The market debut on the BSE and NSE is set for January 16.
The share price is set between ₹21 and ₹23. The final price is fixed at ₹23, which translates into a minimum investment of ₹13,800 for retail investors wishing to buy 600 shares at the upper limit. Non-institutional investors must apply for at least 9,000 shares (15 lots), totaling ₹2.07 lakh, while larger investors need to buy a minimum of 43,800 shares (73 lots), amounting to ₹10.07 lakh. Employees can buy a reserved portion of 2.32 crore shares at a ₹1 discount.
As of January 14, the grey market premium (GMP) for the IPO is around ₹13, indicating a potential listing price of ₹36—about 56.5% higher than the issue price.
How to Check Allotment Status
You can check your allotment status on several platforms:
Kfintech:
- Go to the Kfintech website.
- Select ‘Bharat Coking Coal Limited’ from the dropdown.
- Input your application number, Demat Account, or PAN.
- Complete the Captcha and click Submit.
BSE:
- Visit the BSE website.
- Select ‘Equity’ in the Issue Type.
- Choose ‘Bharat Coking Coal Limited’ from the dropdown.
- Enter your Application No. or PAN and click ‘Search’.
NSE:
- Access the NSE allotment status page.
- Select ‘Equity and SME IPO bids’.
- Choose ‘Bharat Coking Coal Limited’ as the Issue Name.
- Enter your PAN and Application Number, then click Submit.
This IPO represents an important moment in India’s coal sector as the government seeks to attract investments and modernize its operations. Recent surveys indicate that investor sentiment remains cautiously optimistic, with many looking for growth in renewable energy as well but recognizing the essential role of coal in the current energy landscape.
According to experts, this IPO could signal a shift in how traditional industries are viewed in the market. The increased transparency and capital could lead to better technologies, eco-friendlier practices, and more efficient operations in the coal sector.
For further details about investing in Indian IPOs, you can visit the Securities and Exchange Board of India for guidelines and resources.
Source link
Bharat Coking Coal IPO, BCCL IPO Live, Bharat Coking Coal IPO Allotment, Bharat Coking Coal IPO Allotment Status, Bharat Coking Coal IPO GMP, Bharat Coking Coal IPO Listing Date, BCCL IPO Price Band, Bharat Coking Coal IPO Latest News, Bharat Coking Coal IPO Subscription, Bharat Coking Coal IPO Updates, BCCL GMP, Markets News, Times Now
