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The archetypal nationalist offering of Bharat Coking Coal Limited was subscribed 8.09 times connected the archetypal time of bidding connected Friday (January 9, 2026), driven by beardown request from retail, non-institutional and existing shareholder capitalist categories.
The contented received bids for 2,80,61,36,400 equity shares against the connection size of 34,69,46,500 shares, according to information disposable connected the banal exchanges.
The retail investors' information was subscribed 9.26 times, portion the non-institutional investors' conception saw subscription of 16.39 times. The shareholder-reserved information was booked 10.86 times and the worker information 0.83 times. The qualified organization buyers' class was subscribed 0.30 times.
The contented opened for subscription connected Friday (January 9, 2026) and volition adjacent connected January 13. Ahead of the contented opening, the institution raised ₹273.1 crore from anchor investors book.
At the precocious extremity of the terms band, the contented is valued astatine astir 9 times price-to-earnings and astir 2 times price-to-book value, arsenic per connection documents. The contented volition rise ₹1,071 crore from this connection for merchantability by Coal India.
Bharat Coking Coal is the country's largest shaper of coking coal, accounting for astir 58.5% of home coking ember output successful FY25. It is simply a wholly-owned subsidiary of Coal India Limited and holds estimated ember reserves of astir 7,910 cardinal tonnes.
