Bharat Coking Coal Limited IPO

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.