Bharat Coking Coal Ltd IPO Opens with Price Band of Rs 21-23, Subscription Until January 13, 2026
Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India Ltd, has opened its initial public offering (IPO) with a price band of Rs 21-23, aiming to raise funds after securing Rs 273.1 crore from anchor investors. The IPO will remain open until January 13, 2026, with share allotment expected on January 14 and listing on the BSE and NSE scheduled for January 16. BCCL operates 34 mines and plans to expand its washery capacity while exploring coal-bed methane in two identified blocks.
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Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India Ltd, has launched its initial public offering (IPO) today, January 9, 2026. The company raised Rs 273.1 crore from anchor investors, allotting 11,87,53,500 equity shares at Rs 23 per share, the upper end of the price band.
The IPO will be open until January 13, 2026, with share allotment expected on January 14, 2026, and listing on BSE and NSE scheduled for January 16, 2026. The price band is set at Rs 21 to Rs 23, with a retail lot size of 600 shares, requiring a minimum investment of Rs 13,800.
Small non-institutional investors must apply for a minimum of 15 lots (Rs 2,07,000), while big non-institutional investors need to apply for 73 lots (Rs 10,07,400). BCCL operates 34 mines in Jharkhand and West Bengal, with an expansion of washery capacity planned, and has identified two blocks for coal-bed methane exploration.
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