Bharat Coking Coal Limited, GMP IPO Date, Review, Price, Allotment Details IPO
Bharat Coking Coal IPO Summary
IPO Open Date: 09 Jan 2026
IPO Close Date: 13 Jan 2026
Price Band: ₹21 to ₹23 Per Share
Issue Size: Approx ₹1,071 Crores
Listing Exchange: BSE NSE
Website: https://bcclweb.in/
Bharat Coking Coal IPO Overview
Bharat Coking Coal (BCCL) IPO open date is January 9, 2026 and the IPO will close on January 13, 2026. Bharat Coking Coal IPO is a Book Build Issue. The company to raise around ₹1,071 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 46,57,00,000 equity shares with face value of ₹10 each.
Bharat Coking Coal IPO price band is ₹21 to ₹23 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Bharat Coking Coal IPO to list on BSE, NSE on January 16, 2026. The allotment of Bharat Coking Coal IPO date is January 14, 2026.
The company reported revenue of ₹14,401.63 crores in 2025 against ₹14,652.53 crores in 2024. The company reported profit of ₹1,240.19 crores in 2025 against profit of ₹1,564.46 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.
Bharat Coking Coal IPO Details
| Company Name | Bharat Coking Coal Limited |
| IPO Open Date | 09 Jan 2026 |
| IPO Close Date | 13 Jan 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹21 to ₹23 Per Share |
| Issue Size | Approx ₹1,071 Crores |
| Fresh Issue | - |
| Offer for Sale | Approx 46,57,00,000 Equity Shares |
| Issue Type | Book Build Issue |
| Listing On | BSE, NSE |
Bharat Coking Coal IPO Review & Key Points
ApplyBharat Coking Coal IPO Market Lot
The Bharat Coking Coal IPO minimum market lot is 600 shares with ₹13,800 application amount. The retail investors can apply up-to 13 lots with 8,400 shares of ₹1,93,200 amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹13,800 |
| Retail Maximum | 14 | 8,400 | ₹1,93,200 |
| S-HNI Minimum | 15 | 9,000 | ₹2,07,000 |
| S-HNI Maximum | 72 | 43,200 | ₹9,93,600 |
| B-HNI Minimum | 73 | 43,800 | ₹10,07,400 |
Bharat Coking Coal IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 11,87,53,500 Shares | 25.50% |
| QIB (Ex. Anchor) | 7,91,69,000 Shares | 17.00% |
| NII / HNI | 5,93,76,750 Shares | 12.75% |
| Retail | 13,85,45,750 Shares | 29.75% |
| Shareholder | 4,65,70,000 Shares | 10.00% |
| Employee | 2,32,85,000 Shares | 5.00% |
Anchor Bidding Date: 08 Jan 2026
Anchor Issue Size: 273.13 Cr.
30 Days Lock-in: 13 Feb 2026
90 Days Lock-in: 14 Apr 2026
Bharat Coking Coal IPO Dates & Allotment
The Bharat Coking Coal IPO date is January 9, and the close date is January 13. The Bharat Coking Coal IPO allotment will be finalized on January 14, and the IPO listing will be on January 16.
| IPO Opening Date | 09 Jan 2026 |
| IPO Closing Date | 13 Jan 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 14 Jan 2026 |
| Refunds Initiation | 15 Jan 2026 |
| Credit to Demat | 15 Jan 2026 |
| IPO Listing Date | 19 Jan 2026 |
Bharat Coking Coal IPO Expenses
| Description | Amount (₹ Cr.) |
|---|---|
| BRLMs’ fees and commissions (including underwriting commission) | 33.34 |
| Brokerage and selling commission and bidding/uploading charges payable to members of the Syndicate (including their Sub-Syndicate Members), RTAs, CDPs and Registered Brokers | 2.03 |
| Fees payable to Registrar of the Offer | 0.06 |
| Non statutory advertising and other marketing expenses | 5.41 |
| Listing fees, SEBI fees, upload fees, BSE and NSE processing fees, book-building software fees | 12.21 |
| Fees payable to other parties, including but not limited to Statutory Auditors, Practicing Company Secretary, technical expert and industry expert. | 3.12 |
| Fees payable to legal counsels | 3.84 |
| Miscellaneous | 0.45 |
Bharat Coking Coal Limited Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹13,018.57 | ₹12,488.38 | ₹664.78 | ₹13,312.86 |
| 2024 | ₹14,652.53 | ₹12,560.86 | ₹1,564.46 | ₹14,727.73 |
| 2025 | ₹14,401.63 | ₹12,698.74 | ₹1,240.19 | ₹17,283.48 |
| Sep 2025 | ₹6,311.51 | ₹6,112.17 | ₹123.88 | ₹18,711.13 |
Bharat Coking Coal IPO Valuation
Check Bharat Coking Coal IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹2.66 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 20.83% |
| Return on Capital Employed (ROCE) | 30.13% |
| Return on Net Worth (RoNW) | 20.83% |
| Net Asset Value (NAV) | ₹14.07 |
| EBITDA Margin | 16.36% |
| PAT Margin | 8.61% |
| Debt to Equity Ratio | – |
Bharat Coking Coal IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Alpha Metallurgical Resources, Inc | 1,233.78 | 14.87 | 11.48% | 11,182.10 | 25,320.27 Cr. |
| Warrior Met Coal, Inc. | 410.12 | 19.44 | 12.82% | 3,423.71 | 13,058.93 Cr. |
Bharat Coking Coal IPO Promoters & Holding Pattern
The promoters of the company are the President of India, Acting Through The Ministry of Coal, Government of India And Coal India Limited. Details Of The Offer to the Public.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 4,65,70,00,000 | 100.00% |
| Promoter Holding Post Issue | 4,65,70,00,000 | 90% |
Bharat Coking Coal IPO Lead Managers (Merchant Bankers)
- IDBI Capital Markets Services Ltd.
- ICICI Securities Ltd.
About Bharat Coking Coal Limited
Bharat Coking Coal Limited (BCCL), a wholly-owned subsidiary of the Maharatna PSU Coal India Limited, is a Mini Ratna Category-I company incorporated in 1972. It is India's largest producer of coking coal, contributing approximately 58.50% of the country's domestic production in Fiscal 2025.
Bharat Coking Coal Limited Address
Dhanbad Jharkhand, 826005Phone: 0326-2230190
Email: [email protected]
Bharat Coking Coal IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/