Bharat Coking Coal IPO Subscription Status
Bharat Coking Coal IPO closed on 13 January 2026 with an overall subscription of 146.87x based on shares applied. QIB demand came in at 310.81x, NII at 258.16x, and retail at 49.33x.
Allotment will be finalised on 14 January 2026. The stock is scheduled to list on NSE and BSE on 19 January 2026.
Issue Price
Rs 23.00
GMP Today
Rs 14.00 (+60.87%)
Overall Subscription
146.87x
Issue Size
₹1071.11 Cr
Allotment Date
14 Jan 2026
Listing Date
19 Jan 2026
Bharat Coking Coal IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 23.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 182.09 Cr | Rs 56,595.00 Cr | 310.81x |
| FII | - | Rs 17,102.48 Cr | - |
| DFI | - | Rs 23,228.03 Cr | - |
| Mutual Funds | - | Rs 2,468.50 Cr | - |
| Other | - | Rs 13,795.99 Cr | - |
| NII | Rs 136.57 Cr | Rs 35,256.38 Cr | 258.16x |
| bNII (above Rs 10L) | Rs 91.04 Cr | Rs 25,095.79 Cr | 275.64x |
| Corporate | - | Rs 338.18 Cr | - |
| Individual | - | Rs 23,482.67 Cr | - |
| Other | - | Rs 1,274.94 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 45.52 Cr | Rs 10,160.60 Cr | 223.20x |
| Corporate | - | Rs 28.64 Cr | - |
| Individual | - | Rs 9,813.00 Cr | - |
| Other | - | Rs 318.96 Cr | - |
| Retail | Rs 318.66 Cr | Rs 15,719.35 Cr | 49.33x |
| Cut-off price | - | Rs 13,222.40 Cr | - |
| Fixed price | - | Rs 2,496.95 Cr | - |
| Employee | Rs 53.56 Cr | Rs 277.21 Cr | 5.18x |
| Cut-off price | - | Rs 220.08 Cr | - |
| Fixed price | - | Rs 57.13 Cr | - |
| Shareholder | Rs 107.11 Cr | Rs 9,349.85 Cr | 87.29x |
| Cut-off price | - | Rs 6,933.66 Cr | - |
| Fixed price | - | Rs 2,416.19 Cr | - |
| Total | Rs 797.98 Cr | Rs 1,17,197.78 Cr | 146.87x |
Bharat Coking Coal IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 7,91,69,000 | 6,917 | 0.00x |
| FII | - | 90 | - |
| DFI | - | 538 | - |
| Mutual Funds | - | 27 | - |
| Other | - | 6,262 | - |
| NII | 6,597 | 6,80,458 | 103.15x |
| bNII (above Rs 10L) | 4,398 | 2,37,408 | 53.98x |
| Corporate | - | 1,637 | - |
| Individual | - | 2,25,541 | - |
| Other | - | 10,230 | - |
| sNII (Rs 2L to Rs 10L) | 2,199 | 4,43,050 | 201.48x |
| Corporate | - | 838 | - |
| Individual | - | 4,28,356 | - |
| Other | - | 13,856 | - |
| Retail | 2,30,910 | 72,89,382 | 31.57x |
| Cut-off price | - | 61,45,333 | - |
| Fixed price | - | 11,44,049 | - |
| Employee | 38,808 | 97,085 | 2.50x |
| Cut-off price | - | 80,649 | - |
| Fixed price | - | 16,436 | - |
| Shareholder | 77,617 | 9,97,587 | 12.85x |
| Cut-off price | - | 7,98,767 | - |
| Fixed price | - | 1,98,820 | - |
| Total | 7,95,22,932 | 90,71,429 | 0.11x |
What Do These Subscription Numbers Mean?
A subscription of 146.87x by shares means the IPO received bids for 147 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 310.81x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 310.81x, it reflects serious institutional conviction.
NII at 103.15x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 53.98x and sNII at 201.48x by applications. Share subscription was 258.16x. Allotment uses application count, not share volume.
At 31.57x subscription by applications, approximately 1 in 32 retail applicants can expect an allotment (~3% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 49.33x. Allotment uses application count, not share volume.
At 2.50x subscription by applications, approximately 1 in 3 employee applicants can expect an allotment (~40% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Bharat Coking Coal IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 31.57x.
- •Allotment odds: about 1 in 32 (~3% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 49.33x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 201.48x.
- •Allotment odds: about 1 in 201 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 223.20x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 53.98x.
- •Allotment odds: about 1 in 54 for a minimum-lot application (~2% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 275.64x. Allotment uses application count, not share volume.
Check the Bharat Coking Coal IPO Allotment Status page from 14 January 2026 for your allotment result.
Bharat Coking Coal IPO GMP After Subscription
GMP for Bharat Coking Coal IPO stands at Rs 14.00 today, giving an estimated listing price of Rs 37.00 per share.
The GMP has been mixed from Rs 13.00 on 3 Jan 2026 to Rs 13.00 on 14 Jan 2026.
A subscription of 146.87x combined with a GMP of 60.87% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Bharat Coking Coal IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Bharat Coking Coal IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 9 Jan 2026 | 0.30x | 16.45x | 9.45x | 8.18x |
| Day 2 - 12 Jan 2026 | 1.44x | 96.68x | 27.28x | 33.89x |
| Day 3 - 13 Jan 2026 | 310.81x | 258.02x | 49.37x | 146.85x |
Bharat Coking Coal IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 9 January 2026 |
| IPO Close Date | 13 January 2026 |
| Allotment Date | 14 January 2026 |
| Refund Initiation | 15 January 2026 |
| Share Credit to Demat | 15 January 2026 |
| Listing Date | 19 January 2026 |
| Minimum Investment | Rs 13,800.00 |
| Lot Size | 600 shares |
About Bharat Coking Coal IPO
Bharat Coking Coal Limited (BCCL), incorporated in 1972 and a wholly owned subsidiary of Coal India Limited, is India's largest producer of coking coal. The company accounts for approximately 58. 50% of India's domestic coking coal production, serving as a critical supplier to the steel and power sectors.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Bharat Coking Coal IPO Subscription FAQs
What is Bharat Coking Coal IPO IPO subscription status today?
Bharat Coking Coal IPO IPO subscription closed on 13 January 2026 with overall subscription of 146.87x (by shares) as of 13 July 2026, 1:17 AM IST. QIB 310.81x, NII 103.15x, Retail 31.57x.
What is the overall subscription of Bharat Coking Coal IPO IPO?
Bharat Coking Coal IPO IPO is subscribed 146.87x overall by shares at close on 13 January 2026. QIB 310.81x, NII 103.15x, and Retail 31.57x.
What is Bharat Coking Coal IPO IPO QIB subscription?
Bharat Coking Coal IPO IPO QIB (Qualified Institutional Buyers) subscription is 310.81x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Bharat Coking Coal IPO IPO Retail subscription?
Bharat Coking Coal IPO IPO Retail subscription is 31.57x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Bharat Coking Coal IPO IPO NII subscription?
Bharat Coking Coal IPO IPO NII (Non-Institutional Investors) subscription is 103.15x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Bharat Coking Coal IPO IPO for retail?
At 31.57x subscription by applications, approximately 1 in 32 retail applicants can expect an allotment (~3% per application). Allotment is done by lottery. Share subscription was 49.33x. Allotment uses application count, not share volume.
When is Bharat Coking Coal IPO IPO allotment date?
Bharat Coking Coal IPO IPO allotment date is 14 January 2026. Check Bharat Coking Coal IPO Allotment Status on IPOwiz from that day using your PAN.
When does Bharat Coking Coal IPO IPO subscription close?
Bharat Coking Coal IPO IPO subscription closed on 13 January 2026. No new applications are accepted after the close.
What is Bharat Coking Coal IPO IPO GMP today?
Bharat Coking Coal IPO IPO GMP is ₹14 today (+60.87% over issue price ₹23). See live GMP on the Bharat Coking Coal IPO GMP Today page.
What is Bharat Coking Coal IPO IPO issue price and lot size?
Bharat Coking Coal IPO IPO issue price is ₹23 per share. Lot size is 600 shares. Minimum investment is ₹13,800 per lot. Issue size: ₹1071.11 Cr.
When is Bharat Coking Coal IPO IPO listing date?
Bharat Coking Coal IPO IPO listing date is 19 January 2026 on NSE and BSE. Allotment is on 14 January 2026.
How does subscription affect Bharat Coking Coal IPO IPO allotment?
Allotment odds in Bharat Coking Coal IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 103.15x by applications means roughly 1 in 103 for minimum-lot bids; bNII at 53.98x (~1 in 54). At 146.87x overall, competition is very high.
For allotment results from 14 January 2026, visit the Bharat Coking Coal IPO Allotment Status page. For listing day updates on 19 January 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.