Bharat Coking Coal IPO
Bharat Coking Coal IPO is listed on BSE and NSE, priced at ₹21–₹23 per share. The stock debuted at ₹45, delivering a listing gain of 95.7%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹13,800.
Bharat Coking Coal Limited IPO
- IPO Dates
- Jan 9, 2026 – Jan 13, 2026
- Price band
- ₹21-23 per equity share
- Minimum Investment
- ₹13,800
- Issue size
- ₹1071.11 Cr
- Lot size
- 600
- Allotment Date
- Jan 14, 2026
- Listing
- Jan 19, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Jan 9, 2026
Open Date
Completed
-
Jan 13, 2026
Close Date
Completed
-
Jan 14, 2026
Allotment Date
Completed
-
Jan 19, 2026
Listing Date
Completed
Price Summary
- Last closing
- 33.43 (45.35%)
- 52 week high
- 45.09
- 52 week low
- 29.74
- Last update
Bharat Coking Coal IPO Subscription Details
View Subscription DetailsBharat Coking Coal IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Bharat Coking Coal IPO Essentials
Bharat Coking Coal IPO Details
Bharat Coking Coal IPO is priced at ₹21-23 per share with a total issue size of 1071.11 crore. The IPO has a lot size of 600 shares and is listed on a BSE and NSE.
- Issue price
- ₹21-23 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Offer For Sale : 46,57,00,000 shares(aggregating up to ₹1071.11 Cr)
- Total issue size
- 46,57,00,000 shares
(aggregating up to ₹1071.11 crore) - Offer for sale (OFS)
- 46,57,00,000 shares
(aggregating up to ₹1071.11 crore) - Listing at
- BSE, NSE
- List price
- 45.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
IDBI Capital Markets Services Ltd., ICICI Securities Ltd.
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹13,800 |
| Retail(max) | 14 | 8400 | ₹1,93,200 |
| sHNI(min) | 15 | 9000 | ₹2,07,000 |
| sHNI(max) | 72 | 43200 | ₹9,93,600 |
| sHNI(min) | 73 | 43800 | ₹10,07,400 |
Bharat Coking Coal IPO Reservation
Bharat Coking Coal IPO reservation details show category-wise allocation of shares. Out of the total 465700000 shares, approximately 17% are reserved for QIB, 12.75% for NII, 29.75% for retail investors, 5% for employees, 10% for shareholders, and 25.5% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 118753500 (25.5%) | |
| QIB Shares Offered | 79169000 (17%) | |
| NII (HNI) Shares Offered | 59376750 (12.75%) | |
| bHNI > ₹10L | 39584500 (8.4%) | 4,398 |
| sHNI < ₹10L | 19792250 (4.2%) | 2,199 |
| Retail Shares Offered | 138545750 (29.75%) | 2,30,910 |
| Shareholder Shares Offered | 46570000 (10%) | |
| Employee Shares Offered | 23285000 (5%) | |
| Total Shares Offered | 465700000 (100%) |
Bharat Coking Coal IPO Analytics
Bharat Coking Coal IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Bharat Coking Coal IPO Subscription Status
Bharat Coking Coal IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 146.8x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 7,91,69,000 |
5,93,76,750
3,95,84,500
1,97,92,250
|
13,85,45,750 | 34,69,46,500 |
|
Day 1
09-01-26 05:00 PM
|
0.30 x |
16.41x
15.21x
18.81x
|
9.30 x | 8.11 x |
|
Day 2
12-01-26 05:00 PM
|
1.44 x |
96.43x
92.98x
103.35x
|
27.00 x | 33.71 x |
|
Day 3
13-01-26 05:00 PM
|
310.81 x |
258.02x
275.64x
222.78x
|
49.25 x | 146.80 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 9058331 (Approx) | 53.98x | 201.1x | 31.52x |
Bharat Coking Coal Valuations
Earnings
- EPS Pre IPO
- ₹2.66/-
- EPS Post IPO
- ₹0.53/-
- P/E Pre IPO
- 8.64
- P/E Post IPO
- 43.23
Returns
- ROCE
- 30.13%
- RoNW
- 20.83%
- PAT Margin
- 8.61%
Fundamentals
- Price / Book
- 1.63
- Market Cap
- 10711.1 Cr.
Bharat Coking Coal Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 18711.13 | 17283.48 | 14727.73 | 13312.86 |
| Revenue | 6311.51 | 14401.63 | 14652.53 | 13018.57 |
| Profit After Tax | 123.88 | 1240.19 | 1564.46 | 664.78 |
| Net Worth | 5830.89 | 6551.23 | 5355.47 | 3791.01 |
| Reserves & Surplus | 1006.52 | 1805.73 | 664.72 | -853.10 |
| Total Borrowing | 1559.13 | N/A | N/A | N/A |
Bharat Coking Coal Company & Offer Insights
About Bharat Coking Coal
Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is involved in the mining of coking coal, non-coking coal, and washed coals. The company is a wholly-owned subsidiary of Coal India Limited.
As on March 31, 2025, the company has 32 mining facilities, which consist of 25 opencast, 3 underground, and 4 mixed mining facilities.
The primary product that the company deals with is Coking coal, which is served to the steel and power sectors. The approximate reserve of coking coal that BCCL has, as on April 1, 2024, is 7,910 million tonnes. In Fiscal 2025, BCCL's share in the overall domestic production of coking coal in India is 58.50 percent.
It has operations in Jharia, Jharkhand, and Raniganj in West Bengal, with a total leasehold area of 288.31 square kilometers.
The business domains of the company are opencast and underground mining, coal washeries, monetization of idle coal washeries via the ‘Washery Developer Operator (WDO)’ approach, restarting abandoned underground mining via the ‘Mine Developer Operator (MDO)’ approach, and the monetization of a solar power project via self-consumption as well as injection into the grid.
The coal production of the company grew from 30.51 million tons in Fiscal 2022 to 40.50 million tons in Fiscal 2025. In Fiscal 2024, the company’s output of coking coal stood at 39.11 million tons, while that of non-coking coal was 1.99 million tons.
Bharat Coking Coal Promoter(s)
The President of India, acting through the Ministry of Coal, Government of India, Coal India Limited are the company's promoters of Bharat Coking Coal.
Bharat Coking Coal IPO Issue Objectives
- •
- Offer For Sale
Bharat Coking Coal IPO - Anchor Investors
Bharat Coking Coal receives over Rs 273 crores from anchor investors before its initial public offering.
Life Insurance Corporation of India (LIC) was the largest investors in the anchor book of BCCL, acquiring 3.39 crore equity shares of Rs 78 crore, followed by Nippon Life India and Bandhan Mutual Fund acquiring 3.26 crore equity shares of Rs 75 crore each.
Remaining anchor investors included Societe Generale, Societe Generale UTI Mutual Fund, Societe Generale Citrine Fund, Societe Generale Rajasthan Global Securities, Societe Generale M7 Global Fund.
From the total allocation made to anchor investors, 7.17 crore shares were allocated to three mutual funds in India, namely Nippon Life India, UTI MF, & Bandhan Mutual Fund.
Bharat Coking Coal IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Bharat Coking Coal | N/A | N/A | 20.83% | 13802 |
| Alpha Metallurgical | 1.63 | 14.87 | 11.48% | 25320 |
| Warrior Met Coal, Inc | 2.33 | 19.44 | 12.82% | 13058 |
Bharat Coking Coal IPO - Strengths and Risks
Bharat Coking Coal IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Bharat Coking Coal
0326-2230190
Koyla Bhawan, Koyla Nagar Dhanbad, Jharkhand, 826005
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Bharat Coking Coal IPO is a book-built IPO worth ₹1071.11 crore. The price band is ₹21–₹23 per share. The IPO opens on Jan 9, 2026 and closes on Jan 13, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.
The price band of Bharat Coking Coal IPO is ₹21 to ₹23 per share.
The lot size of Bharat Coking Coal IPO is 600 shares.
The minimum investment for Bharat Coking Coal IPO is approximately ₹13,800 based on the upper price band .
Bharat Coking Coal IPO opens on Jan 9, 2026 and closes on Jan 13, 2026.
The allotment date of Bharat Coking Coal IPO is Jan 14, 2026.
Bharat Coking Coal IPO is expected to be listed on Jan 19, 2026, on BSE and NSE .
Bharat Coking Coal IPO listed on Jan 19, 2026. It was issued at ₹45.0(NSE) and is currently around ₹33.43 as on 30-Apr-2026 3:30 PM, which is approximately 45.3% versus issue price. The 52-week high is ₹45.09.
Based on listing and post-listing performance, Bharat Coking Coal IPO delivered around 45.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Bharat Coking Coal IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Bharat Coking Coal IPO valuation snapshot: P/E 43.23, EPS ₹0.53/-, P/B 1.63, RoNW 20.83%, and market cap 10711.1 Cr.
To apply for Bharat Coking Coal IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Bharat Coking Coal IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Bharat Coking Coal IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Bharat Coking Coal IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bharat Coking Coal IPO allotment status on IPO Ji for quick and easy access.