Dream debut for Coal India arm Bharat Coking Coal; shares skyrocket 96.5 pc

Key Highlights

• The company’s market valuation stood at Rs 19,456.95 crore.
• The initial public offering of Bharat Coking Coal Ltd subscribed by a massive 146.81 times on the final day of bidding on Tuesday last week, led by heavy investors’ participation.
• The Rs 1,071-crore IPO had a price band of Rs 21-23 per share.
• The IPO of Bharat Coking Coal Ltd got fully subscribed within minutes of opening for bidding on January 9.
• The company’s IPO was the first mainboard issue of 2026.