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The Bharat Coking Coal Limited (BCCL) IPO has seen significant demand, with the subscription rate reaching 15.28 times by the second day. The IPO opened on January 10, 2023, and is set to close on January 13, 2023, after raising ₹273.1 crore from anchor investors. The offering is entirely an offer for sale from its promoter, Coal India, and is expected to generate ₹1,071 crore.
Credit: Livemint
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