Bharat Coking Coal IPO worth ₹1,071.11 Cr will open for subscription from 9 Jan to 13 Jan 2026. BCCL allotment is expected on 14 Jan and shares are likely to be listed on BSE & NSE on 16 Jan. Price band for the IPO is set between ₹21 to ₹23 per share and Bharat Coking Coal GMP today stands at 53.26% up.
Bharat Coking Coal IPO GMP Live Rates Day by Day
Bharat Coking Coal IPO GMP today (7th Jan 2026) stands at 53.26%. GMP values change daily and we’ll keep you updated with the latest figures.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
|---|---|---|---|---|
| 12-01-2026 | ₹ 23 | ₹ 10.7 | ₹33.7 (46.52%) | ₹ 6,420 |
| 11-01-2026 | ₹ 23 | ₹ 10.6 | ₹33.6 (46.09%) | ₹ 6.360 |
| 10-01-2026 | ₹ 23 | ₹ 10.4 | ₹33.4 (45.22%) | ₹ 6,240 |
| 09-01-2026 | ₹ 23 | ₹ 10 | ₹33 (43.48%) | ₹ 6,000 |
| 08-01-2026 | ₹ 23 | ₹ 9.25 | ₹32.25 (40.22%) | ₹ 5,550 |
| 07-01-2026 | ₹ 23 | ₹ 11.4 | ₹34.4 (49.57%) | ₹ 6,840 |
| 06-01-2026 | ₹ 23 | ₹ 11.50 | ₹34.5 (50.00%) | ₹ 6,900 |
| 05-01-2026 | ₹ 23 | ₹ 13.50 | ₹36.5 (58.70%) | ₹ 8,100 |
Bharat Coking Coal IPO Details
- Bharat Coking Coal’s IPO is worth ₹1,071.11 Cr, which is entirely offer for sale.
- Bharat Coking Coal’s will open for subscription on 9 Jan 2026 and close on 13 Jan 2026. And the price band is set between ₹21- ₹23.
- Bharat Coking Coal’s allotment is likely to take place on 14 Jan 2026 and the shares are expected to be listed on BSE and NSE on 16 Jan 2026.
- Promoters currently hold 100%, which will come down after IPO listing to 90%.
- Kfin Technologies will be the registrar for BCCL.
Bharat Coking Coal IPO Dates
Here are some important dates for the upcoming IPO of Bharat Coking Coal.
| IPO Open Date | 09-Jan-26 |
| IPO Close Date | 13-Jan-26 |
| IPO Allotment Date | 14-Jan-26 |
| Initiation of Refunds | 15-Jan-26 |
| Demat Credits | 15-Jan-26 |
| Listing Date | 16-Jan-26 |
| Listing on | BSE, NSE |
Bharat Coking Coal IPO Reservation
For Bharat Coking Coal IPO, 35% has been reserved for retail investors.
| Investor Category | Shares Offered |
|---|---|
| QIB Investors | 50% |
| Retail Investors | 35% |
| NII (HNI) Investors | 15% |
Bharat Coking Coal IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 600 shares costing ₹13,800. Maximum investment allowed for retail investors is 14 lots, which totals 8,400 shares and costs ₹1,93,200.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹ 13,800 |
| Retail (Max) | 14 | 8,400 | ₹ 1,93,200 |
| S-HNI (Min) | 15 | 9,000 | ₹ 2,07,000 |
| S-HNI (Max) | 72 | 43,200 | ₹ 9,93,600 |
| B-HNI (Min) | 73 | 43,800 | ₹ 10,07,400 |
About Bharat Coking Coal IPO
Bharat Coking Coal Limited (BCCL), incorporated in 1972, is a wholly-owned subsidiary of Coal India and plays a key role in India’s coal sector. The company is mainly involved in the production of coking coal, along with non-coking and washed coal, which are essential inputs for the steel and power industries.
BCCL operates primarily in the Jharia coalfield of Jharkhand and Raniganj coalfield of West Bengal. As of September 2025, the company runs 34 operational mines, including underground, opencast, and mixed mining projects.
BCCL, the largest producer of coking coal in India, contributed nearly 58.5% of the country’s domestic coking coal output in Fiscal 2025. BCCL’s operations extend beyond mining, with initiatives in solar power generation for both internal use and grid supply.
Bharat Coking Coal Financial Performance
Bharat Coking Coal reported a PAT of ₹1,240.19 Cr as of 31 March 2025, and in FY24 reported ₹1,564.46 Cr. Over the past three years, the company’s PAT has been growing continuously. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹Cr) | 17,283.48 | 14,727.73 | 13,312.86 |
| Total income (₹Cr) | 14,401.63 | 14,652.53 | 13,018.57 |
| PAT (₹Cr) | 1,240.19 | 1,564.46 | 664.78 |
| EBITDA (₹Cr) | 2,356.06 | 2,493.89 | 891.31 |
| Net Worth (₹Cr) | 6,551.23 | 5,355.47 | 3,791.01 |
| Reserves and Surplus (₹Cr) | 1,805.73 | 664.72 | -853.1 |
| PAT Margin (%) | 8.61 | 10.68 | 5.11 |
| ROCE (%) | 30.13 | 47.2 | 16.56 |
Bharat Coking Coal IPO Peer Comparison from RHP
Bharat Coking Coal has poor EPS compared to its peers. Higher EPS is always considered better. Below is a quick comparison of Bharat Coking Coal vs Warrior Met Coal.
| Company | EPS Diluted (₹) | P/E (x) |
|---|---|---|
| Bharat Coking Coal | 2.66 | - |
| Alpha Metallurgical Resources | 1222.65 | 14.87 |
| Warrior Met Coal | 410.12 | 19.44 |
Bharat Coking Coal Strengths and Risks
Knowing about the strengths and weaknesses of Bharat Coking Coal helps you make an informed decision.
- BCCL is the largest producer of coking coal in India, supported by a large and long-life reserve base.
- Its mines and coal washeries are strategically located, helping efficient processing and supply to key industries.
- Being a subsidiary of Coal India Limited provides strong operational and financial backing.
- BCCL has shown a steady track record of growth and operational performance over the years.
- Most coal reserves are concentrated in Jharia and Raniganj, which may create long-term resource dependency.
- A limited number of vendors and suppliers could impact operations if services are disrupted.
- Heavy reliance on third-party contractors can lead to cost fluctuations and quality-related challenges.
- Strategic dependence on Coal India Limited may limit operational flexibility.
FAQs on BCCL GMP
What is Bharat Coking Coal GMP Today?
Bharat Coking Coal GMP today is ₹12.25
What are Bharat Coking Coal Expected Returns?
Bharat Coking Coal Expected Returns are 53.26%, as of 7th Jan 2026, this may change in the coming days.
When will Bharat Coking Coal open and close?
Bharat Coking Coal’s will open for subscription on 9 Jan 2026 and close on 13 Jan 2026.
What is the lot size for Bharat Coking Coal?
Retail Investors can bid for a minimum of 1 lot, which includes 600 shares. And 1 lot will cost you ₹13,800.
What is the share allotment date for Bharat Coking Coal?
The allotment of shares is expected to be completed by 14 Jan 2026.
Who is the registrar of Bharat Coking Coal?
Kfin Technologies is the registrar for Bharat Coking Coal’s.
Is Bharat Coking Coal good to buy?
Bharat Coking Coal may attract investors due to its growing PAT and positive ROCE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
