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Bharat Coking Coal IPO GMP today: What grey market signals for Jan 16 listing

The Bharat Coking Coal Limited (BCCL) IPO has opened to significant investor interest, fully subscribing within the first 30 minutes and reportedly exceeding 2x subscription on its opening day. This marks the first major IPO of 2026, with expectations of approximately 43.5% listing gains driven by strong demand, particularly from non-institutional investors.

Bharat Coking Coal IPO GMP today: What grey market signals for Jan 16 listing

Credit: Mathrubhumi

Key Highlights

  • BCCL IPO opened for subscription on January 9 and closes on January 13, 2026.
  • The IPO price band is set at Rs 21-23 per share.
  • The issue was fully subscribed within 30 minutes, indicating robust demand.
  • The IPO is expected to yield a listing gain of 43.5% based on grey market trends.
  • Bidding was notably aggressive from high-net-worth individuals.
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Sources

  1. BCCL IPO GMP: Bharat Coking Coal Signals 43.5% Listing Gains; Issue Subscribed Over 2x on Day 1
  2. Bharat Coking Coal IPO GMP today: What grey market signals for Jan 16 listing

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.

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