Markets / IPO / Bharat Coking Coal

Bharat Coking Coal IPO

Updated 17:59

Mainboard IPO on NSE and BSE · Coal

Status

Listed

Price band

₹21–23

Lot size

600 shares · ₹13,800

Subscribed

146.87×

How it listed

Issue price

₹23

Listing price (open)

₹45.00 +95.65%

First-day close

₹40.58 +76.43%

Price now

₹31.56 +37.22%

Listing day	19 Jan 2026
Open / high / low / close	₹45.00 / ₹45.09 / ₹40.12 / ₹40.58
Shares traded on NSE	73,80,39,378
Market value at the listing-day close	₹18,898 cr

Closing prices since listing: 26 Oct ₹31.02, 27 Oct ₹31.06, 28 Oct ₹30.11, 29 Oct ₹30.16, 30 Oct ₹29.71, 2 Nov ₹30.34, 3 Nov ₹30.35, 4 Nov ₹31.15, 5 Nov ₹31.37, 6 Nov ₹31.56.

Bharat Coking Coal share price, live chart and technicals →

Key dates

Bidding opens	9 Jan 2026
Bidding closes	13 Jan 2026
Allotment	14 Jan 2026
Refunds and shares in demat	16 Jan 2026
Listing	19 Jan 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Institutions (QIB)	7,91,69,000	22.82%	–
HNI / NII	5,93,76,750	17.11%	–
HNI, above ₹10 lakh	3,95,84,500	11.41%	903
HNI, ₹2–10 lakh	1,97,92,250	5.70%	2,199
Retail	13,85,45,750	39.93%	2,30,909
Employees	2,32,85,000	6.71%	–
Shareholders	4,65,70,000	13.42%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	600	₹13,800
Retail (maximum)	14	8,400	₹1,93,200
Small HNI (minimum)	15	9,000	₹2,07,000
Small HNI (maximum)	72	43,200	₹9,93,600
Big HNI (minimum)	73	43,800	₹10,07,400

At ₹23 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 49

Retail allotments available

2,30,909 × one lot

Retail portion subscribed

49.33×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	7,91,69,000	24,60,65,19,600	310.81×
HNI / NII	5,93,76,750	15,32,88,63,000	258.16×
HNI, above ₹10 lakh	3,95,84,500	10,91,12,11,200	275.64×
HNI, ₹2–10 lakh	1,97,92,250	4,41,76,51,800	223.20×
Retail	13,85,45,750	6,83,44,98,000	49.33×
Employees	2,32,85,000	12,05,25,600	5.18×
Shareholders	4,65,70,000	4,06,51,51,800	87.29×
Total	34,69,46,500	50,95,55,58,000	146.87×

NSE and BSE bids together, as of 13 Jan 2026 19:00.

Demand at each price

Top price ₹23	4,20,838.33 lakh shares	82.6%
Cut-off final price, whatever it is; mostly retail	88,591.90 lakh shares	17.4%
Lower prices ₹21–22	314.72 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	8 Jan 2026
Lock-in ends for the first 50% (30 days)	12 Feb 2026
Lock-in ends for the remaining 50% (90 days)	13 Apr 2026

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹10,711 cr	₹14,697 cr
P/E (last 12 months' profit)	178.4	244.8

Revenue, last 12 months	₹14,066 cr
Profit, last 12 months	₹60 cr
Return on equity	1.0%
Debt to equity	0.39

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Coal

Company	Listed	Subscribed	On listing	Since IPO
Caliber Mining and Logistics	24 Jul	146.64×	+17.98%	+22.68%

IPO details

Price band	₹21–23
Final issue price	₹23
Lot size	600 shares
Minimum investment	₹13,800 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Coal
Issue size	₹1,071.11 crore (about 46.57 crore shares) · Offer for sale only
ISIN	INE05XR01022
Registrar	KFin Technologies Limited Helpline: +91 40 6716 2222, 18003094001, bccl.ipo@kfintech.com
Lead managers	IDBI Capital Markets and Securities Limited and ICICI Securities Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 14 Jan 2026. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Bharat Coking Coal IPO price band and lot size?

The price band is ₹21–23 per share, and one lot is 600 shares (₹13,800 at the upper price).

When is the Bharat Coking Coal IPO allotment date?

Allotment was finalised on 14 Jan 2026, the next working day after bidding closed on 13 Jan 2026.

How many times was the Bharat Coking Coal IPO subscribed?

In total 146.87 times, on NSE and BSE together; retail 49.33 times.

What is the Bharat Coking Coal IPO listing date?

It listed on 19 Jan 2026 on NSE and BSE.

What is the chance of getting Bharat Coking Coal IPO shares?

At least 1 in 49 retail applicants got the minimum lot: 2,30,909 retail allotments with the retail portion subscribed 49.33 times. Winners are picked by lottery.

When does the Bharat Coking Coal anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 12 Feb 2026 and the 90-day lock-in on the rest ends on 13 Apr 2026; they can sell from the next trading day.

What was the Bharat Coking Coal listing gain?

It opened at ₹45.00 against an issue price of ₹23, a gain of 95.65%. It is now up 37.22% from the issue price.