The Bharat Coking Coal (BCCL) IPO has kicked off with a solid response, and the excitement is only building. On its second day of subscription (January 12, 2026), the issue has already seen 8.08x demand on Day 1. With just one day left before bids close on January 13, investors are closely watching, will the momentum turn this into a blockbuster IPO?
Bharat Coking Coal (BCCL) IPO: Key Details You Should Know
Bharat Coking Coal (BCCL) IPO Day 2 Subscription Status
Bharat Coking Coal (BCCL) IPO Day 1 Subscription Status
Bharat Coking Coal (BCCL) IPO – Key Highlights
Issue Structure: 100% Offer for Sale (OFS); BCCL will not receive any IPO proceeds
Proceeds Beneficiary: Entire amount to promoter Coal India Limited
IPO GMP: Around ₹10.6 above the issue price, as per media reports, indicating positive listing sentiment
Industry Position: India’s leading coking coal producer
Market Share: ~58.50% of domestic coking coal output in FY2025 (CRISIL report)
Coal Reserves: ~7,910 million tonnes as of April 1, 2024
Product Mix: Coking coal, non-coking coal & washed coal
Key Customers: Steel and power sector companies