Bharat Coking Coal (BCCL) IPO Day 2: Check GMP, Subscription Status & Key Highlights
The Bharat Coking Coal (BCCL) IPO enters its second day of subscription today, 12 January 2026. By the end of the first day, the issue was subscribed to 8.08 times overall. The bidding window is scheduled to close on January 13, 2026.
Bharat Coking Coal (BCCL) IPO: Issue Details
Issue Type: The Bharat Coking Coal (BCCL) IPO is a book-build issue of ₹1,071.11 crores and structured entirely as an Offer-for-Sale (OFS), with Coal India Limited offloading up to 46.57 crore equity shares.
Price Band: The price band is set between ₹21 and ₹23 per share.
Lot Size & Minimum Investment: The lot size for an application is 600 shares, and the minimum investment required is ₹13,800 (for retail investors).
Allotment Date: The basis of allotment will be finalised by January 14, 2026
Listing Date: The tentative listing date on NSE and BSE is January 15, 2026.
Book-running Lead Managers: IDBI Capital Markets & Securities Limited and ICICI Securities Limited
Registrar: KFin Technologies Limited
Bharat Coking Coal (BCCL) IPO Day 2 Subscription Status
[12-January-2026 10:09:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.32 |
|
Non-Institutional Investors |
27.34 |
|
Retail Individual Investors (RIIs) |
11.60 |
|
Employees |
1.03 |
|
Shareholders |
14.30 |
|
Total |
11.37 |
Bharat Coking Coal (BCCL) IPO Day 1 Subscription Status
[9-January-2026 17:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.30 |
|
Non-Institutional Investors |
16.39 |
|
Retail Individual Investors (RIIs) |
9.26 |
|
Employees |
0.83 |
|
Shareholders |
10.86 |
|
Total |
8.08 |
Utilisation of IPO Proceeds
As the issue is an offer for sale (OFS), the company will not receive any proceeds; they will be allocated directly to the Promoter Selling Shareholder, Coal India Limited
Explore other upcoming IPOs on BSE and NSE.
Bharat Coking Coal (BCCL) IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Bharat Coking Coal (BCCL) IPO is reported at ₹10.6 over the IPO price.
Bharat Coking Coal (BCCL) IPO Business Overview
Bharat Coking Coal (BCCL) is India’s leading producer of coking coal, accounting for approximately 58.50% of the country’s total domestic coking coal output in FY 2025, according to the CRISIL industry report.
Their operations are primarily focused on the production of coking coal, supported by substantial geological reserves estimated at around 7,910 million tonnes as of April 1, 2024. This positioned the company among the largest holders of coking coal reserves in India. In addition to coking coal, BCCL also produces non-coking coal and washed coal, catering mainly to customers in the steel and power sectors.
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