IPO Details
IPO Open Date
09 Jan 2026
IPO Close Date
13 Jan 2026
Issue Size
Approx ₹1,071 Crores
Price Band
₹21 to ₹23 Per Share
Listing Price
45
Listing Percent
95.65%
Important Note
- "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
- The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Bharat Coking Coal IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares Bid For | Total Amount (₹ Cr) |
|---|---|---|---|---|
| Anchor | 1 | 11,87,53,500 | 11,87,53,500 | ₹ 273.13 |
| QIB (Ex Anchor) | 310.81 | 7,91,69,000 | 24,60,65,19,600 | ₹ 56,595.00 |
| NII | 240.49 | 5,93,76,750 | 14,27,96,14,800 | ₹ 32,843.11 |
| bNII (> ₹10L) | 275.64 | 3,95,84,500 | 10,91,12,11,200 | ₹ 25,095.79 |
| sNII (< ₹10L) | 222.78 | 1,97,92,250 | 4,40,93,06,400 | ₹ 10,141.40 |
| Retail | 49.37 | 13,85,45,750 | 6,83,99,13,000 | ₹ 15,731.80 |
| Employees | 5.17 | 2,32,85,000 | 12,03,42,000 | ₹ 276.79 |
| Shareholders | 87.20 | 4,65,70,000 | 4,06,07,20,800 | ₹ 9,339.66 |
| Total ** | 143.85 | 34,69,46,500 | 49,90,71,10,200 | ₹ 1,14,786.35 |
Day-wise Subscription Details (Times)
| Date | QIB (Ex Anchor) | NII | sNII (> ₹10L) | bNII (< ₹10L) | Retail | EMP | Shareholders | Total |
|---|---|---|---|---|---|---|---|---|
| 13 Jan 2026 | 310.81 | 240.49 | 275.64 | 222.78 | 49.37 | 5.17 | 87.20 | 143.85 |
| 12 Jan 2026 | 1.44 | 96.68 | 92.98 | 104.10 | 27.28 | 2.66 | 44.27 | 33.89 |
| 09 Jan 2026 | 0.30 | 16.45 | 15.21 | 18.92 | 9.45 | 0.85 | 10.95 | 8.18 |
Note: QIB = Qualified Institutional Buyers, NII = Non-Institutional Investors, sNII = Small NII, bNII = Big NII
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 19,79,22,500 | ₹ 455.22 | 42.50% |
| Anchor | 11,87,53,500 | ₹ 273.13 | 25.50% |
| QIB (Ex Anchor) | 7,91,69,000 | ₹ 182.09 | 17.00% |
| NII | 5,93,76,750 | ₹ 136.57 | 12.75% |
| bNII (> ₹10L) | 3,95,84,500 | ₹ 91.04 | 8.50% |
| sNII (< ₹10L) | 1,97,92,250 | ₹ 45.52 | 4.25% |
| Retail | 13,85,45,750 | ₹ 318.66 | 29.75% |
| Employee | 2,32,85,000 | ₹ 53.56 | 5.00% |
| Total | 46,57,00,000 | ₹ 1,071.11 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 7,91,69,000 | 11,87,53,500 | 19,79,22,500 | 1,97,92,250 | 3,95,84,500 | 5,93,76,750 | 13,85,45,750 | 46,57,00,000 |
| Allotment price (Rs.) | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| No.of applications | 300 | 15 | 315 | 4,31,463 | 2,33,046 | 6,64,509 | 68,94,791 | 84,50,608 |
| No.of shares applied | 24,51,74,72,400 | 13,17,42,000 | 24,64,92,14,400 | 4,29,81,28,200 | 10,73,60,98,200 | 15,03,42,26,400 | 6,50,98,17,600 | 50,05,16,81,400 |
| Amount collected (Rs.cr.) | 56,390.19 | 303.01 | 56,693.19 | 9,885.69 | 24,693.03 | 34,578.72 | 14,972.58 | 1,14,868.61 |
| No.of times subscribed | 309.69 | 1.11 | 124.54 | 217.16 | 271.22 | 253.20 | 46.99 | 107.48 |
| No.of shares allotted | 7,91,69,000 | 11,87,53,500 | 19,79,22,500 | 1,97,92,250 | 3,95,84,500 | 5,93,76,750 | 13,85,45,750 | 46,57,00,000 |
| Amount (Rs.cr.) | 182.09 | 273.13 | 455.22 | 45.52 | 91.04 | 136.57 | 318.66 | 1,068.78 |
| No.of allottees | 297 | 15 | 312 | 2,199 | 4,398 | 6,597 | 2,30,909 | 3,23,111 |
Anchor Investors Allocation
Anchor Bid Date: 08 Jan 2026
Anchor Price: ₹23.00
Anchor as % of QIBs: 60.00%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
LIFE INSURANCE CORP.OF INDIA
LIFE INSURANCE CORP.OF INDIA
|
3,39,13,200 | ₹ 78.00 | 28.56 | 7.28 |
| 2 |
NIPPON INDIA SMALL CAP FUND
NIPPON INDIA MUTUAL FUND
|
1,77,22,200 | ₹ 40.76 | 14.92 | 3.81 |
| 3 |
NIPPON INDIA POWER & INFRA FUND
NIPPON INDIA MUTUAL FUND
|
1,48,86,600 | ₹ 34.24 | 12.54 | 3.20 |
| 4 |
BANDHAN SMALL CAP FUND
BANDHAN MUTUAL FUND
|
3,26,08,800 | ₹ 75.00 | 27.46 | 7.00 |
| 5 |
UTI DIVIDEND YIELD FUND
UTI MUTUAL FUND
|
13,72,800 | ₹ 3.16 | 1.16 | 0.29 |
| 6 |
UTI CHILDREN'S HYBRID FUND
UTI MUTUAL FUND
|
13,72,800 | ₹ 3.16 | 1.16 | 0.29 |
| 7 |
UTI MASTER EQUITY PLAN UNIT SCHEME
UTI MUTUAL FUND
|
13,72,800 | ₹ 3.16 | 1.16 | 0.29 |
| 8 |
UTI RETIREMENT FUND
UTI MUTUAL FUND
|
13,72,800 | ₹ 3.16 | 1.16 | 0.29 |
| 9 |
UTI UNIT LINKED INSURANCE PLAN
UTI MUTUAL FUND
|
10,30,800 | ₹ 2.37 | 0.87 | 0.22 |
| 10 |
CITRINE FUND LTD.
CITRINE
|
21,74,400 | ₹ 5.00 | 1.83 | 0.47 |
| 11 |
RAJASTHAN GLOBAL SECURITIES PVT.LTD.
RAJASTHAN GLOBAL SECURITIES
|
21,74,400 | ₹ 5.00 | 1.83 | 0.47 |
| 12 |
M7 GLOBAL FUND PCC-ASAS GLOBAL OPPORTUNITIES FUND
M7 GLOBAL
|
21,74,400 | ₹ 5.00 | 1.83 | 0.47 |
| 13 |
COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT
COPTHALL
|
21,74,400 | ₹ 5.00 | 1.83 | 0.47 |
| 14 |
SOCIETE GENERALE-ODI
SOCIETE GENERAL
|
21,74,400 | ₹ 5.00 | 1.83 | 0.47 |
| 15 |
MAYBANK SECURITIES PTE.LTD.-ODI
MAYBANK
|
22,28,700 | ₹ 5.13 | 1.88 | 0.48 |
| Total | 118,753,500 | ₹ 273.14 | 100% | 25.50% |
Understanding IPO Subscription Status
What is Subscription Times?
Subscription times indicate how many times the IPO has been subscribed. For example, if subscription is 5x, it means the IPO received 5 times more applications than shares available.
Investor Categories
- QIB (Qualified Institutional Buyers): Large institutional investors like mutual funds, insurance companies, banks
- NII (Non-Institutional Investors): High net-worth individuals and corporates
- sNII: Small NII with investment above ₹2 lakhs but below ₹10 lakhs
- bNII: Big NII with investment above ₹10 lakhs
- Retail: Individual investors investing up to ₹2 lakhs
- Anchor Investors: Selected institutional investors who get allocation before IPO opens
How to Interpret the Data?
- Higher subscription times generally indicate strong demand
- Retail and NII oversubscription shows interest from individual investors
- QIB subscription reflects institutional confidence
- Day-wise data helps track momentum during the IPO period