BCCL IPO 2026: Key Details At A Glance
| Category | Details |
|---|---|
| IPO Structure | Entire IPO as OFS; BCCL will not receive proceeds |
| Promoter Selling Shareholder | Coal India selling 46.57 crore equity shares |
| Price Band | ₹21–₹23 per share |
| Valuation | ₹10,700 crore at upper band |
| Anchor Book Opens | January 8, 2026 |
| Public Subscription Window | January 9–13, 2026 |
| Listing Date | January 16, 2026 |
| Anchor Investor Funds Mobilised | ₹273.1 crore |
| Key Anchor Investors | LIC, Societe Generale, Copthall Mauritius Investment Ltd., Nippon Life India, Bandhan MF, UTI MF, Maybank Securities |
BCCL IPO Shareholder Quota
- Reserved Shares: ₹107.1 crore (10% of IPO) for Coal India shareholders.
- Eligibility: Individual & HUF investors holding Coal India shares as of January 1, 2026.
- Maximum Application: ₹2 lakh.
- IPO Objective
- Funds Use: Entirely as Offer for Sale, net proceeds to promoter selling shareholder.
- Listing Benefits: Access to stock exchange trading, broader investor participation.
BCCL IPO 2026: Grey Market Buzz
The grey market premium (GMP) for shares of BCCL is still robust, fluctuating between ₹9.25 and ₹16.25 per share. The implied listing gain of almost 40% at the lower end of the IPO price band is still very appealing for early investors, thus making the offering highly attractive to the first ones.
Bharat Coking Coal Limited (BCCL) Financial Snapshot
| (₹ crore) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 12,624 | 14,245 | 13,802 |
| Total Assets | 13,312 | 14,727 | 17,283 |
| Net Profit | 664.7 | 1,564.4 | 1,240.1 |
| EBITDA | 891.3 | 2,493.8 | 2,356.0 |
- Revenue rose 12.8% from FY23 to FY24 but dipped 3% in FY25.
- Net profit surged 36.5% CAGR FY23–FY24.
- EBITDA jumped 62.5% CAGR over FY23–FY24.
BCCL At A Glance: Powering Steel, Power, And Investor Excitement
Bharat Coking Coal Limited (BCCL) isn’t just any coal miner, it’s a Mini Ratna superstar under Coal India! With 34 mines across Jharkhand and West Bengal and five washeries (plus seven more cooking), BCCL fuels steel and power industries while keeping investors’ eyes on the prize. Quality coal, big impact!
(With Inputs)