Coal India arm Bharat Coking Coal IPO subscribed 146.81 times on final day of bidding

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The archetypal nationalist offering of Bharat Coking Coal Ltd got subscribed a monolithic 146.81 times connected the last time of bidding connected Tuesday (January 13, 2026), led by dense investors' participation.

The ₹1,071-crore IPO received bids for 50,93,44,51,200 shares against 34,69,46,500 shares connected offer, arsenic per NSE data.

The information meant for qualified organization buyers (QIBs) attracted a whopping 310.81 times subscription. Non-institutional investors' quota fetched 258.04 times subscription, and the class for retail idiosyncratic investors (RIIs) received 49.26 times subscription.

The IPO of Bharat Coking Coal Ltd got afloat subscribed wrong minutes of opening for bidding connected Friday (January 9, 2026).

Bharat Coking Coal Ltd (BCCL) connected Thursday (January 8, 2026) said it has mobilised implicit ₹273 crore from anchor investors.

The company's ₹1,071-crore IPO is the archetypal mainboard contented of 2026.

The terms set for the IPO has been fixed astatine ₹21-23 per share, and astatine the higher end, the institution is valued astatine implicit ₹10,700 crore.

According to the reddish herring prospectus (RHP), the nationalist contented is wholly an connection for merchantability (OFS) of 46.57 crore equity shares by Coal India.

The listing of BCCL is portion of the government's broader divestment propulsion successful the ember sector, aimed astatine unlocking worth successful Coal India's subsidiaries and enhancing transparency done marketplace discipline.

Published - January 13, 2026 10:37 p.m. IST

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