India

Bharat Coking Coal IPO Day 1 LIVE: Issue booked 2.50 times so far — GMP signals 60% listing pop. Time to bid?

January 9, 2026

The initial public offering (IPO) of Bharat Coking Coal (BCCL), a subsidiary of Coal India Ltd, commenced on January 9 and will remain open until January 13, 2026. The IPO price band is set at ₹21-₹23 per share, with the company aiming to raise ₹1,071 crore through an offer for sale, while also noting a grey market premium indicating a potential listing gain.

Bharat Coking Coal IPO Day 1 LIVE: Issue booked 2.50 times so far — GMP signals 60% listing pop. Time to bid?

Credit: Livemint

Key Highlights

BCCL IPO opened for bidding on January 9, 2026, and closes on January 13, 2026.
The price band for the IPO is ₹21 to ₹23 per share.
Bharat Coking Coal aims to raise ₹1,071 crore from the IPO.
The IPO is an offer for sale by Coal India, which holds a 100% stake in BCCL.
The grey market premium suggests a potential listing price around ₹34.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Bharat Coking Coal IPO Day 1 LIVE: Issue booked 2.50 times so far — GMP signals 60% listing pop. Time to bid?

Key Highlights

Sources

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