Bharat Coking Coal IPO GMP & Review: Apply or Avoid?

Bharat Coking Coal IPO is open for bidding from 9th January 2026 to 13th January 2026. It is a bookbuilding IPO of ₹1,071.11 crore, an entirely offer-for-sale of 46.57 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 16th January 2026. 

Bharat Coking Coal IPO Details 

The Bharat Coking Coal IPO date is fixed between 9th January 2026 and 13th January 2026. The face value of Bharat Coking Coal shares stands at ₹10 per share, and the IPO Issue price band is set at ₹21 to ₹23 per share

Kfin Technologies Limited is the registrar of the Bharat Coking Coal IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Bharat Coking Coal IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 46.57 crore shares worth ₹1,071.11 crore. Bharat Coking Coal IPO Limited shares will be listed on the BSE and the NSE Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Bharat Coking Coal IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Bharat Coking Coal IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 9th January 2026, Bharat Coking Coal IPO GMP stands at ₹16.50 per share, which means the share will likely list at ₹39.50 on its tentative listing date, 16th January 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Bharat Coking Coal IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Bharat Coking Coal IPO GMP Review

Check out the detailed Bharat Coking Coal GMP IPO review for a thorough understanding of its potential to report listing gains on 16th January 2026. The Bharat Coking Coal IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Bharat Coking Coal IPO.

Bharat Coking Coal Limited’s revenue decreased by 1.71% from ₹14,652.53 crores in March 2024 to ₹14,401.63 crores in March 2025. Moreover, the company’s PAT decreased by 20.72% from ₹1,564.46 crores in March 2024 to ₹1,240.19 crores in March 2025.

Bharat Coking Coal’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Bharat Coking Coal IPO, with its tentative listing day set for 16th January 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Bharat Coking Coal IPO.

The PE ratio of Bharat Coking Coal Limited shares is 8.64, and its Earnings Per Share (EPS) stands at 43.23. Thus, the Bharat Coking Coal IPO can deliver gains on its tentative listing date, 16th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Bharat Coking Coal Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Bharat Coking Coal IPO Subscription Status

The Bharat Coking Coal IPO will open for bidding on 9th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Bharat Coking Coal IPO Subscription Status. 

About Bharat Coking Coal Limited

Bharat Coking Coal Limited was established in 1972. Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India Limited. As of September 30, 2025, the company operates a network of 34 operational mines, including four underground, 26 opencast, and four mixed mines. The company’s primary product is coking coal, catering to the steel and power industries. As of April 1, 2024, BCCL has an estimated coking coal reserve of approximately 7,910 million tonnes. In Fiscal 2025, BCCL accounted for 58.50% of the total domestic coking coal production in India. The company operates across Jharia, Jharkhand, and Raniganj, West Bengal, covering a total leasehold area of 288.31 square kilometres. The company’s operations include opencast and underground mining projects, coal washeries, monetisation of idle washeries through the Washery Developer and Operator (WDO) model, reopening of discontinued underground mines through the Mine Developer and Operator (MDO) model, and monetisation of solar power projects through self-consumption and grid injection. The company’s coal production increased from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025. In Fiscal 2024, the company produced 39.11 million tonnes of coking coal and 1.99 million tonnes of non-coking coal.

Bharat Coking Coal Limited Financials

The company’s financial analysis is essential before applying for the Bharat Coking Coal IPO. Look at the table to learn about Bharat Coking Coal Limited’s financials. 

Explanation

Bharat Coking Coal Limited’s revenue decreased by 1.71% from ₹14,652.53 crores in March 2024 to ₹14,401.63 crores in March 2025. Moreover, the company’s PAT decreased by 20.72% from ₹1,564.46 crores in March 2024 to ₹1,240.19 crores in March 2025.

Bharat Coking Coal Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Bharat Coking Coal IPO

The primary aim of the Bharat Coking Coal IPO is to raise ₹1,071.11 crores. 

Should I Invest in the Bharat Coking Coal IPO?

Explore the pros and cons of Bharat Coking Coal to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Bharat Coking Coal IPO

• The company is the Largest coking coal producer in India with access to large reserves.
• The company has a Consistent track record of growth and financial performance.
• The company has a Strong parentage of Coal India Limited.
• The company is well-positioned to capitalise on the demand for coking coal in India.

Cons of the Bharat Coking Coal IPO

• The company has an offer for sale, but no fresh capital for growth 
•  The company has quality and utilisation issues with coal
• The company has operational & mining challenges

How to Apply for the Bharat Coking Coal IPO?

Check the steps mentioned below to apply for Bharat Coking Coal Ltd.

• Step 1: Conduct thorough research on the Bharat Coking Coal IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lots of 600 shares worth ₹13,800
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Bharat Coking Coal IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Bharat Coking Coal IPO Allotment Status?

You can check for the Bharat Coking Coal IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Bharat Coking Coal IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Bharat Coking Coal IPO allotment status.

Let’s Wrap

Bharat Coking Coal IPO is a bookbuilding issue of shares worth ₹1,071.11 crores. The shares of Bharat Coking Coal Limited will be listed on BSE and NSE on its tentative listing date of 16th January 2026. Researching the Bharat Coking Coal IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Bharat Coking Coal IPO

How is the Bharat Coking Coal IPO?

Ans. Currently, on 9th January 2026, the Bharat Coking Coal GMP (Grey Market Premium) stands at ₹16.5. It indicates that the estimated listing price could be ₹0 per share. It is a bookbuilding IPO of ₹1,071.11 shares. The face value of each Bharat Coking Coal share is ₹10 per share. 

What is the Bharat Coking Coal IPO price?

Ans. The Bharat Coking Coal IPO issue price band is set at ₹21 to ₹23 per share. 

Is the Bharat Coking Coal IPO a good investment?

Ans. Bharat Coking Coal Limited’s revenue decreased by 1.71% from ₹14,652.53 crores in March 2024 to ₹14,401.63 crores in March 2025. Moreover, the company’s PAT decreased by 20.72% from ₹1,564.46 crores in March 2024 to ₹1,240.19 crores in March 2025.

Who is the registrar of the Bharat Coking Coal IPO?

Ans. Kfin Technologies Limited is the registrar for the Bharat Coking Coal IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Bharat Coking Coal allotment and refund, you can contact Kfin Technologies Limited at bccl.ipo@kfintech.com or at 04067162222 or 04079611000.

What is the issue size of the Bharat Coking Coal IPO? 

Ans. Bharat Coking Coal IPO is a bookbuilding IPO of ₹1,071.11 crores. Moreover, the IPO is set to open on 9th January 2026 and close on 13th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Bharat Coking Coal IPO, download the Bharat Coking Coal IPO RHP and Bharat Coking Coal IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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