Bharat Coking Coal Limited
ListedMainboardEnergy & 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
₹18.5
+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 12 days ago
Overall Subscription
146.87x
Total Demand
QIB Multiplier
310.81x
Institutions & Funds
NII / HNI
258.16x
High Net-Worth
Retail (RII)
49.33x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 79,169,000 | 24,606,519,600 | 310.81x |
| NIB | 59,376,750 | 15,328,863,000 | 258.16x |
| HNIs(10L +) | 39,584,500 | 10,911,211,200 | 275.64x |
| HNIs (2-10L) | 19,792,250 | 4,417,651,800 | 223.20x |
| RETAIL | 138,545,750 | 6,834,501,000 | 49.33x |
| EMPLOYEES | 23,285,000 | 120,525,600 | 5.18x |
| Shareholder | 46,570,000 | 4,065,152,400 | 87.29x |
| Total | 406,323,250 | 66,284,424,600 | 146.87x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 230,910 | 7,289,380 | 31.57x |
| EMPLOYEES | — | 97,085 | 0.00x |
| HNIs(10L +) | 4,398 | 237,408 | 53.98x |
| HNIs (2-10L) | 2,199 | 443,050 | 201.48x |
| Shareholder | — | 67,956 | 0.00x |
| Total Applications | 237,507 | 8,134,879 | 34.25x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Bharat Coking Coal Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Bharat Coking Coal Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Bharat Coking Coal Limited IPO is ₹18.5 per equity share. Based on the upper price band of ₹21 to ₹23 per equity share, the estimated listing price is ₹41.5 (+80.4% expected listing gain).
What is the expected profit per lot for Bharat Coking Coal Limited IPO?
With a lot size of 600 shares and current GMP of ₹18.5, the expected profit per application lot is approx ₹11,100 (+80.4% gain). Minimum application cost is approx ₹13,800.
What is the issue size and price band for Bharat Coking Coal Limited IPO?
The Bharat Coking Coal Limited IPO aggregate issue size is ₹1,071.11 Crores with an equity price band set at ₹21 to ₹23 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹13,800.
How can I check Bharat Coking Coal Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 146.87x (Retail: 49.33x, QIB: 310.81x, NII: 258.16x). You can track live multiples directly on our dedicated subscription page.
Where and when will Bharat Coking Coal Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-01-14. Investors can verify status using PAN card or application number.
When is the listing date for Bharat Coking Coal Limited IPO?
Bharat Coking Coal Limited shares are scheduled to list on NSE and BSE on 2026-01-19.