How to Check Bharat Coking Coal IPO Allotment Status Scheduled for Today January 14?

Bharat Coking Coal IPO saw an overwhelming subscription of 146.8 times on the final day of bidding from investors. With this strong response, Bharat Coking Coal emerged as the second-most subscribed public sector undertaking (PSU) IPO in India. Now the market participants are looking forward to Bharat Coking Coal IPO allotment, which is scheduled for Wednesday, January 14.

The ₹1,071 crore Bharat Coking Coal IPO, which opened for subscription on January 9, attracted bids for 5,093.16 crore shares against the 34.69 crore shares available, as per the data released by the National Stock Exchange (NSE).

Segment-Wise Subscription

Segment-wise, the issue witnessed robust demand across all investor categories. The Qualified Institutional Buyers (QIBs) portion was subscribed to a massive 310.81 times, while Non-Institutional Investors (NIIs) booked their quota 258 times. Retail investors subscribed to their portion 49.25 times. The employees’ reservation was subscribed to 5.17 times, whereas the shareholders’ category saw a subscription of 87.2 times.

How to Check Bharat Coking Coal IPO Allotment Status on BSE?

• Visit the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ under the Issue Type
• Choose ‘Bharat Coking Coal Ltd’ from the Issue Name dropdown
• Enter your Application Number or PAN
• Complete the captcha verification
• Click ‘Search’ to view the allotment status

How to Check Allotment Status on NSE?

• Go to the NSE IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity and SME IPO bid details’
• Choose ‘BHARATCOAL’ from the list of symbols
• Enter your PAN and Application Number
• Click ‘Submit’ to check the allotment details

How to Check Allotment Status on KFin Technologies

• Visit the KFinTech IPO allotment page: https://ipostatus.kfintech.com/
• Select ‘Bharat Coking Coal Ltd’ from the IPO dropdown list
• Choose a verification method: PAN, Application Number, or Demat Account
• Enter the required details
• Click ‘Submit’ to view your allotment status

What Next?

Following the allotment, the company is expected to initiate refunds and credit equity shares to investors’ demat accounts on Thursday, January 15. The shares are likely to debut on the BSE and NSE on Friday, January 16.

Also Read: Upcoming IPO: Rodec Pharma Files DRHP with SEBI to Raise Funds via IPO

About Bharat Coking Coal

Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is primarily engaged in the production of coking coal, along with non-coking and washed coal. Coking coal remains its core product, catering largely to the steel and power sectors. BCCL operates as a wholly owned subsidiary of Coal India Limited.

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.