BCCL IPO Listing Postponed to January 19 Amid Municipal Corporation Elections In Maharashtra

The highly anticipated market debut of Bharat Coking Coal Ltd (BCCL), a wholly owned subsidiary of Coal India Ltd, has been rescheduled from its original listing date of January 16 to January 19, 2026. 

The decision to postpone the listing comes in the wake of municipal corporation elections in Maharashtra, where both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are headquartered. 

With trading and settlement operations suspended on January 15 due to the electoral holiday, the IPO timetable has been adjusted. 

The basis of allotment for the BCCL IPO was finalised yesterday, 14 January. Investors can check their IPO allotment status on NSE, BSE, and Kfin Technologies Limited (Registrar to the Issue). 

BCCL’s public issue, sized at ₹1,071.11 crore, has drawn strong investor interest during its subscription period (January 9–January 13). 

The IPO was oversubscribed by multiples across investor categories, garnering an overall subscription of 146.87 times. 

The Qualified Institutional Buyers (QIB) segment led the rush, at 310.81 times, followed by Non-Institutional Investors (NIIs) at 258.16 times. The Retail Individual Investors (RII) portion was subscribed 49.33 times, while the Employee and Shareholder categories saw subscriptions of 5.18 times and 87.29 times, respectively.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here.