Bharat Coking Coal IPO: GMP, Price, Important dates and more....
- Gabriela Galeena
- Jan 6
- 2 min read
The company has set a price band of ₹21 to ₹23 per equity share, with a lot size of 600 shares, translating to a minimum investment of ₹13,800 for retail investors.
IPO Snapshorts
Detail | Value |
|---|---|
Total Issue Size | ₹1,071.11 crores |
Fresh Issue | - |
Offer for Sale | ₹1,071.11 crores |
Face Value | ₹10 |
Price Band | ₹21 to ₹23 |
Lot Size | 600 |
Minimum Investment | ₹13,800 |
Listing | BSE, NSE |
Opens | 9 January 2026 |
Closes | 13 January 2026 |
Bharat Coking Coal Limited is the largest producer of coking coal in India, accounting for 58.50% of domestic coking coal production in Fiscal 2025, according to a CRISIL industry report. The company’s primary product is coking coal, supported by estimated reserves of approximately 7,910 million tonnes as of April 1, 2024, making it one of the largest holders of coking coal reserves in the country. It produces various grades of coking coal, non-coking coal, and washed coal, catering mainly to the steel and power industries. A wholly owned subsidiary of Coal India Limited, BCCL was incorporated in 1972, conferred Mini Ratna status in 2014, and operates primarily in the Jharia coalfields of Jharkhand and the Raniganj coalfields of West Bengal.
Financial Performance
Period Ended | Revenue from Operations (₹ Cr) | Profit After Tax (₹ Cr) |
|---|---|---|
FY 2025 | 138,02.550 | 1,240.19 |
FY 2024 | 142,45.860 | 1,564.46 |
FY 2023 | 13,018.57 | 664.78 |
GMP (Grey Market Premium)
Currently, the Grey Market Premium (GMP) of Bharat Coking Coal IPO is ₹13.5, hinting at a potential listing price of ₹36.5 (cap price + latest GMP). This implies an expected gain/ loss of 58.70% per share at listing.
Peer Comparison
Bharat Coking Coal LTD. is a subsidiary of Coal India LTD. Currently, there are no competitors in the Indian Market.
Use of Proceeds
This IPO is a pure Offer For Sale, with proceeds going to selling shareholders. No fresh capital will be infused into the company.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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