Bharat Coking Coal IPO Allotment Chances: How to Increase Your Chances!
The Bharat Coking Coal Limited (BCCL) IPO is one of the most talked-about upcoming PSU listings. Being a key subsidiary of Coal India Limited (CIL), the issue is attracting heavy attention from retail, HNI, and long-term investors.
Based on current market sentiment, low price expectations, and PSU branding, the IPO is expected to be heavily oversubscribed. Below is a simplified breakdown of expected allotment chances.
Bharat Coking Coal IPO Details (Tentative)
Note: These are market estimates. Final details will be confirmed in the RHP.
| Particular | Expected Details |
|---|---|
| Expected Price Band | ₹25 – ₹28 per share |
| IPO Opening Date | January 9, 2026 |
| IPO Category | Mainboard IPO (OFS) |
| Shareholder Quota | Coal India |
Bharat Coking Coal IPO Allotment Chances (Expected)
Due to the low entry price and strong PSU demand, application numbers are expected to be very high. Based on estimated demand, the allotment chances may look like this:
| Investor Category | Expected Applications | Allotment Chances |
|---|---|---|
| Retail (RII) | Approx 44.5 lakh | 1 out of 15 |
| Small HNI (sHNI) | Approx 3.1 lakh | 1 out of 74 |
| Big HNI (bHNI) | Approx 2.2 lakh | 1 out of 31 |
👉 Allotment is expected to be via lottery due to oversubscription.
Why Is BCCL IPO Getting So Much Attention?
- PSU Trust: Backed by Coal India, India’s largest coal producer
- Low Price Band: Good sentiment for retail investors
- Coking Coal Monopoly: Supplies ~58% of India’s domestic coking coal
- Shareholder Quota: Additional benefit for Coal India shareholders
Bharat Coking Coal IPO Live GMP (Grey Market Premium)
The GMP for BCCL is showing strong early signals, indicating positive listing expectations.
| IPO Price (Expected) | GMP (Market Rumours) | Estimated Profit |
|---|---|---|
| ₹28.00 | ₹15.00 | ₹8,025.00 (53.57%) |
⚠️ GMP is unofficial and can change daily. It should not be the sole basis for investing.
Bharat Coking Coal IPO Estimated Profit
If the IPO lists near GMP expectations:
- Estimated Profit per Lot: ₹8,000 – ₹8,100
- Listing Price Estimate: ₹43.00 (₹28.00 + ₹15.00 GMP)
Bharat Coking Coal IPO FAQs
1. What are the expected allotment chances in the BCCL IPO for retail investors?
Based on current estimates, retail investors may have an allotment chance of around
1 out of 15 in the Bharat Coking Coal IPO, as the issue is expected to be
heavily oversubscribed due to strong PSU demand and a relatively low price band.
2. What is the price band for the BCCL IPO?
The official price band is yet to be announced. However, market expectations suggest a
price range of ₹25–₹28 per share.
3. Will BCCL IPO allotment be done through a lottery?
Yes. If the IPO is oversubscribed in the retail and HNI categories, allotment will be done
through a computerized lottery system, as per SEBI guidelines.
4. Is there a shareholder quota in the Bharat Coking Coal IPO?
Yes. The BCCL IPO is expected to include a shareholder quota for eligible
Coal India shareholders, which can significantly improve allotment chances for those who qualify.
5. What is the GMP of the BCCL IPO?
The BCCL IPO is currently trading at a Grey Market Premium (GMP) of around ₹15,
indicating positive listing sentiment. At an expected issue price of ₹28,
this implies a potential listing gain of over 50%. However, GMP is unofficial
and subject to change.
6. How can investors improve their allotment chances in the BCCL IPO?
Investors can improve allotment chances by applying through the
Coal India shareholder quota (if eligible). Additionally, applying via
multiple family demat accounts (with unique PANs) can further increase the
probability of allotment.
Disclaimer: All figures are estimates based on market sources and grey market trends. Actual subscription and allotment may vary.