
Energy & Commodities · NSE / BSE
Bharat Coking Coal Limited, incorporated in 1972, is engaged in the production of coking coal, non-coking coal, and washed coal, and operates as a wholly owned subsidiary of Coal India Limited. As of March 31, 2025, the company operates 32 mines comprising 25 opencast, 3 underground, and 4 mixed mines, with its primary focus on coking coal to serve the steel and power industries. As of April 1, 2024, BCCL holds an estimated coking coal reserve of around 7,910 million tonnes and accounted for 58.50% of India’s total domestic coking coal production in Fiscal 2025. The company’s operations are spread across Jharia in Jharkhand and Raniganj in West Bengal, covering a total leasehold area of 288.31 square kilometers. Its activities include opencast and underground mining, coal washeries, monetisation of idle washeries through the Washery Developer and Operator model, revival of discontinued underground mines through the Mine Developer and Operator model, and monetisation of solar power projects through self-consumption and grid injection. Coal production increased from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025, while in Fiscal 2024 the company produced 39.11 million tonnes of coking coal and 1.99 million tonnes of non-coking coal.
Price Band
₹21 – ₹23
Issue Size
₹1071 Cr
Lot Size
600 shares
GMP
+80.4%
Est. Listing
₹41.5
at current GMP
Subscribed
146.87x
overall
Open
9 Jan 2026
Close
13 Jan 2026
Allotment
14 Jan 2026
Refund
15 Jan 2026
Demat Credit
16 Jan 2026
Listing
19 Jan 2026
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹23
Band: ₹21 – ₹23
Estimated Listing Price
₹41.5
Upper price + GMP
Lot Size
600 shares
Min investment ₹13,800
Estimated Profit / Lot
₹11,100
600 × ₹18.5
Grey Market Premium trend
+₹18.5
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹18.5 | 80.4% | ₹41.5 |
| 30 Oct 2026 | +₹18.5 | 80.4% | ₹41.5 |
| 29 Oct 2026 | +₹17 | 72.4% | ₹40 |
GMP is unofficial market data. Not a guarantee of listing performance.
Bharat Coking Coal Limited is bringing an initial public offering (IPO) in the Energy & Commodities sector with an aggregate issue size of ₹1,071.11 Crores. The shares are offered at a price band of ₹21 to ₹23 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹13,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-01-16, while un-allotted funds or UPI block mandates will be released on 2026-01-15.
The latest grey market premium for Bharat Coking Coal Limited IPO is ₹18.5, which indicates an expected listing price of ₹41.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.