Bharat Coking Coal IPO is a book-built issue valued at ₹1,071.11 crore. This public offering is entirely an Offer for Sale (OFS), comprising 46.57 crore shares.
The IPO opens for subscription on January 9, 2026, and will close on January 13, 2026. The allotment of shares is expected to be finalised by January 14, 2026. BCCL shares are slated to list on the BSE and NSE with a tentative listing date of January 16, 2026.
The IPO price band has been fixed at ₹23 per share. Each application must be for a minimum lot of 600 shares, which implies that a retail investor will need to invest at least ₹13,800 based on the upper price of the band.
Bharat Coking Coal (BCCL) IPO is set to hit the market with a book-built public offering worth ₹1,071.11 crore. The issue is fully an Offer for Sale (OFS), involving 46.57 crore shares being sold by existing shareholders. The price band for the IPO has been fixed at ₹23 per share, with a minimum application lot of 600 shares. Retail investors looking to participate will need to invest at least ₹13,800 based on the upper end of the price band.
The table below breaks down the Bharat Coking Coal share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers (QIB) | 26.29 |
| Non-Institutional Investors (NII) | 209.29 |
| Retail Individual Investors (RII) | 40.95 |
| Total | 68.38 |
Note: The subscription details are as of January 13, 2026, at 1:23 PM
Bharat Coking Coal Limited (BCCL), incorporated in 1972, is a leading producer of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India Limited.
As of September 30, 2025, BCCL operates 34 mines across India, comprising 4 underground, 26 opencast, and 4 mixed mines. Its primary product, coking coal, serves the steel and power industries, with estimated reserves of around 7,910 million tonnes as of April 1, 2024. In Fiscal 2025, BCCL contributed 58.5% of India’s total domestic coking coal production.
The company’s operations span Jharia in Jharkhand and Raniganj in West Bengal, covering a total leasehold area of 288.31 sq km.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 13, 2026, 1:34 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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