Bharat Coking Coal IPO 2026 details including price band, IPO dates, lot size, GMP, company overview, risks, and should you apply or not.
Bharat Coking Coal IPO 2026
The Bharat Coking Coal IPO 2026 is one of the most awaited public issues in India, especially among PSU and long-term investors. Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, is entering the stock market through a mainboard IPO. In this article, we cover IPO dates, price band, lot size, issue details, company overview, pros & cons, and investment review.
Bharat Coking Coal Limited IPO 2026
| Particulars | Details |
|---|---|
| IPO Name | Bharat Coking Coal Limited IPO |
| IPO Type | Mainboard IPO |
| Issue Type | Offer For Sale (OFS) |
| Face Value | ₹10 per share |
| Price Band | ₹21 – ₹23 per share |
| Issue Size | Approx. ₹1,071 crore |
| Listing Exchange | BSE & NSE |
| Promoter | Coal India Limited |
Bharat Coking Coal IPO Dates
| Event | Date (Tentative) |
|---|---|
| IPO Opening Date | 9 January 2026 |
| IPO Closing Date | 13 January 2026 |
| Basis of Allotment | 14 January 2026 |
| Refund Initiation | 15 January 2026 |
| Listing Date | 16 January 2026 |
Bharat Coking Coal IPO Lot Size & Investment
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 shares | ₹ 13,800 |
| Retail (Max) | 14 | 8400 shares | ₹ 1,93,200 |
| S-HNI (Min) | 15 | 9000 shares | ₹ 2,07,000 |
| S-HNI (Max) | 72 | 43200 shares | ₹ 9,93,600 |
| B-HNI (Min) | 73 | 43800 shares | ₹ 10,07,400 |
IPO Reservation Structure
- QIB (Qualified Institutional Buyers): Up to 50%
- Retail Individual Investors (RII): Minimum 35%
- NII / HNI: Up to 15%
About Bharat Coking Coal Limited
Bharat Coking Coal Limited was incorporated in 1972 and is headquartered in Dhanbad, Jharkhand. The company is engaged in the production and supply of coking coal, which is an essential raw material for the steel and infrastructure industry.
Key Business Highlights :
- Subsidiary of Coal India Limited
- Operations in Jharia and Raniganj coalfields
- Strategic importance in India’s steel production
- Government-owned PSU company
Bharat Coking Coal IPO – Strengths
Strong parent company: Coal India Limited. PSU backing provides stability and trust. Essential commodity for steel & infrastructure. Reasonable IPO price band. Expected strong listing interest
Bharat Coking Coal Limited IPO – Risks
IPO is 100% Offer For Sale (no fresh funds to company). Coal sector is highly regulated. Environmental and policy-related risks. Commodity price fluctuations.
Bharat Coking Coal IPO GMP (Grey Market Premium)
The GMP of Bharat Coking Coal IPO is expected to remain positive ahead of listing, indicating healthy investor interest. However, GMP is unofficial and volatile, and investors should not rely solely on it.
Conclusion
The Bharat Coking Coal IPO 2026 offers investors an opportunity to invest in a strategically important PSU backed by Coal India. With a fair valuation, strong industry role, and government ownership, it may be a good option for long-term investors. However, investors should always read the RHP and assess their risk profile before investing.
FAQs – Bharat Coking Coal IPO 2026
Q1. What is Bharat Coking Coal IPO?
Ans. Bharat Coking Coal IPO is the public issue of Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, through which its shares will be listed on BSE and NSE in 2026.
Q2. When will Bharat Coking Coal IPO open and close?
Ans. The Bharat Coking Coal IPO is expected to open on 9 January 2026 and close on 13 January 2026.
Q3. What is the price band of Bharat Coking Coal Limited IPO?
Ans. The price band of the Bharat Coking Coal Limited IPO is ₹21 to ₹23 per share.
Q4. What is the lot size of Bharat Coking Coal IPO?
Ans. The minimum lot size for Bharat Coking Coal Limited IPO is 600 shares, requiring a minimum investment of ₹13,800 at the upper price band.
Q5. What is the minimum investment required?
Ans. Minimum investment is ₹13,800 at the upper price band.