Indian Clarity

Light. Truth. Clarity.

Loading ad...
India

Coal India arm Bharat Coking Coal IPO subscribed  76.81 times so...

The initial public offering (IPO) of Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, was met with overwhelming interest, achieving a subscription rate of 146.80 times by the end of the bidding period. The IPO, which opened on January 9 and closed on January 13, attracted significant bids across various investor categories, indicating strong market confidence in BCCL's public offering.

Coal India arm Bharat Coking Coal IPO subscribed  76.81 times so...

Credit: Dailyexcelsior

Key Highlights

  • BCCL IPO subscribed 146.80 times by final day.
  • Qualified Institutional Buyers (QIB) segment saw 310.81 times subscription.
  • Non-institutional investors (NII) quota received 258.02 times bids.
  • Retail portion of the IPO was subscribed 49.25 times.
  • Employee and shareholder quotas received 5.17 and 87.20 times bids, respectively.
Loading ad...

Sources

  1. Bharat Coking Coal IPO: First mainboard of the year sees bumper 146.80 times bids — Check BCCL IPO GMP and other details
  2. Coal India arm Bharat Coking Coal IPO subscribed  76.81 times so...

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.

Related Stories

Loading ad...