Bharat Coking Coal (BCCL) IPO: Dates, GMP, Price Band & Shareholder Quota Details!
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India Limited (CIL), is expected to launch its mainboard IPO in the first week of January. The IPO will offer public investors an opportunity to invest directly in India’s leading coking coal producer.
1. BCCL IPO Issue Highlights
| Particulars | Details |
|---|---|
| Expected Price Band | ₹25 to ₹28 per share |
| Total Issue Size | 46,57,00,000 equity shares |
| Issue Type | Mainboard IPO (Offer for Sale) |
| Face Value | ₹10 per share |
| Shareholder Reservation | Reserved quota for eligible Coal India shareholders |
2. Bharat Coking Coal IPO GMP
The Grey Market Premium (GMP) for BCCL is still at an early stage. Since the IPO dates and final price are yet to be announced, the GMP is currently not available.
| GMP Date | Expected Price | GMP (₹) | Estimated Listing Price |
|---|---|---|---|
| TBA | ₹25 – ₹28 | TBA | TBA |
3. Bharat Coking Coal Financials
BCCL has maintained stable revenue and profits by supplying coking coal to India’s steel and power companies.
| Financials (₹ Crore) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 13,691.24 | 14,452.01 | 14,597.53 |
| Profit After Tax (PAT) | 664.78 | 1,564.46 | 1,240.19 |
| Net Worth | 3,791.01 | 5,355.47 | 6,551.23 |
4. Company Profile & Market Position
- Mining Areas: Operations in Jharia (Jharkhand) and Raniganj (West Bengal).
- Main Product: Coking coal used in steel manufacturing.
- Market Share: Contributes about 58.5% of India’s domestic coking coal production.
- Assets: Operates 32 mines across India.
- Strong Parent: Supported by Coal India Limited.
5. Bharat Coking Coal IPO FAQs
When is the Bharat Coking Coal IPO expected to open?
The Bharat Coking Coal (BCCL) IPO is expected to open in the first week of January, subject to final approvals and official announcements.
What is the expected price band of the BCCL IPO?
Based on market estimates, the IPO price band is expected to be in the range of ₹25 to ₹28 per share. The final price band will be disclosed in the Red Herring Prospectus (RHP).
Is the Bharat Coking Coal IPO a mainboard or SME IPO?
The BCCL IPO is a mainboard IPO and is expected to be listed on both BSE and NSE.
Will there be a shareholder quota in the BCCL IPO?
Yes, the IPO is expected to include a shareholder reservation quota for eligible Coal India shareholders, offering an additional chance of allotment.
What is the current Grey Market Premium (GMP) of the BCCL IPO?
As of now, the GMP is not available (TBA). It will soon be available on IPOwiz App
What makes Bharat Coking Coal a strong IPO candidate?
BCCL is India’s largest domestic coking coal producer, contributing nearly 58.5% of total production. Backed by Coal India Limited, it enjoys strong market positioning, stable revenues, and a critical role in India’s steel supply chain.
Disclaimer: This content is for information only. IPO details may change. Please consult a financial advisor before investing.