Bharat Coking Coal IPO: State-owned firm raises ₹273.13 crore from anchor investors ahead of public issue
- Bharat Coking Coal, a subsidiary of Coal India, raised ₹273.13 crore from 15 anchor investors on January 8, 2026, before its IPO opening on January 9.
- The IPO aims to raise ₹1,071.1 crore, with shares priced between ₹21 and ₹23 each, fully offered by promoter Coal India.
- Life Insurance Corporation of India was the largest investor, acquiring shares worth ₹78 crore, followed by Nippon Life India and Bandhan Mutual Fund with ₹75 crore each.
- Brokerages express positive outlooks on the IPO, citing Bharat Coking Coal's strong position in coking coal and expectations of healthy listing gains.
11 Articles
11 Articles
Bharat Coking Coal Ltd IPO Skyrockets with Massive Oversubscription
Bharat Coking Coal Ltd IPO Skyrockets with Massive Oversubscription Bharat Coking Coal Ltd’s initial public offering (IPO) was explosively received, with complete subscription occurring within minutes of the bidding window opening on Friday.The IPO saw substantial interest with bids summing up to 84,15,46,800 shares against an offering of 34,69,46,500 shares, resulting in a 2.43 times over-subscription, according to the latest reports from NSE.T…
Bharat Coking Coal IPO: How investors can improve chances of allotment via Coal India shareholders quota
Bharat Coking Coal IPO is creating buzz. Coal India shareholders have a special quota. Applying in this reserved portion can increase allotment chances. Investors can also apply in retail or employee categories simultaneously. Careful application and avoiding errors are key. BCCL is India's largest coking coal producer. The IPO is an offer for sale. The issue closes soon.
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