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Bharat Coking Coal IPO GMP: Know the condition of gray market here
highlights
- The subscription window for Bharat Coking Coal IPO is open till Tuesday, January 13.
- Investors have shown confidence in Coal India Subsidiary Bharat Coking Coal IPO for the second day on Monday.
- There has been an improvement in the grey-market premium of IPOs compared to previous days.
Here, there has been an improvement in the grey-market premium (GMP) on Monday compared to Friday. Now it remains to be seen how much investors trust this IPO. Bharat Coking Coal’s IPO is a book build issue of Rs 1,071.11 crore, with an offer for sale of 46.57 crore shares.
Bharat Coking Coal IPO Subscription Day 2
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Bharat Coking Coal IPO has been subscribed 14.61 times till 12.06 pm on Monday. It was subscribed 8.18 times on the first day on Friday. It was subscribed 9.45 times in the retail category, 0.30 times in the QIB (except anchor) and 16.45 times in the NII category.
Bharat Coking Coal IPO GMP
The grey-market premium for Bharat Coking Coal’s IPO is Rs 10.5-10.85, according to websites tracking grey-market premium, last updated at 10:58 am on January 12. With a price band of Rs 23, the estimated listing of Bharat Coking Coal IPO could be Rs 33.85 (cap price + today’s GMP). The expected percentage profit or loss per share is expected to be 47.17 percent.
Bharat Coking Coal IPO Price Band And Lot Size
The price band of Bharat Coking Coal IPO has been fixed at Rs 21-23 per share. The lot size for one application is 600. A retail investor can make a minimum investment of Rs 13,800 for 600 shares. Whereas for sNII the lot size is 15 (9,000 shares), which is priced at Rs 2,07,000, and for bNII it is 73 lots (43,800 shares), which is priced at Rs 10,07,400.
Bharat Coking Coal IPO Subscription Date
The subscription window of Bharat Coking Coal IPO has opened from Friday and will now close on January 13.
The allotment date of shares of Bharat Coking Coal IPO is 14 January. It is expected that allotment of shares may take place on this date.
The listing of shares of Bharat Coking Coal IPO will be done on BSE, NSE, the probable date of which has been fixed as 16th January. Bharat Coking Coal can debut in the stock market on this date.
Bharat Coking Coal IPO Registrar
The book running lead manager of Bharat Coking Coal IPO is IDBI Capital Markets Services Limited and Kfin Technologies Limited is the registrar to the issue.
about the company
Bharat Coking Coal Limited (BCCL), formed in 1972, is engaged in the production of coking coal, non-coking coal and washed coal. This company is a fully subsidiary of Coal India Limited. As of September 30, 2025, the company has a recorded network of 34 operational mines, including four underground, 26 opencast and four mixed mines.
The company’s main product is coking coal, which is supplied to steel and power industries. In FY 2025, BCCL will cater to 58.50 per cent of the total domestic coking coal production in India.
(Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.)
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