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Bharat Coking Coal shares nearly double over IPO price in bumper listing today

Bharat Coking Coal Limited (BCCL) experienced a remarkable stock market debut, with shares listing at a 96% premium to the IPO price of ₹23. The stock opened at ₹45 on the NSE and peaked at ₹45.21 on the BSE, reflecting significant demand and investor interest.

Bharat Coking Coal is a unit of government-owned Coal India, one of the largest miners in the world

Bharat Coking Coal is a unit of government-owned Coal India, one of the largest miners in the world

Credit: Hindustantimes

Key Highlights

  • BCCL shares opened at ₹45 on NSE and ₹45.21 on BSE.
  • The IPO was priced at ₹23, leading to a 96% gain for investors.
  • Bharat Coking Coal's IPO attracted bids worth $13 billion.
  • The IPO bidding period lasted from January 9 to January 13, with allotment on January 14.
  • The stock surged 96.56% at intraday high, aligning with grey market expectations.
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Sources

  1. Bharat Coking Coal shares nearly double over IPO price in bumper listing today
  2. Bharat Coking Coal IPO Listing: Shares make bumper debut on Indian stock market, list at 96% premium
  3. Bharat Coking Coal Share Price LIVE: Stock slips 8% after strong 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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