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New Delhi: Bharat Coking Coal Ltd (BCCL) IPO is all set to open for public subscription on January 9, 2026 and end on 13th January. The company is a wholly-owned subsidiary of Coal India Ltd (CIL. It would also become the first public issue of 2026. The public offer is a book build issue of Rs 1,071.11 crore and an entirely an offer for sale (OFS) of 46.57 crore equity shares by CIL.
The BCCL IPO will be closely tracked by investors as it would give an idea of their appetite for public sector undertakings (PSUs) in the new year.
The launch of BCCL IPO is part of the government's broader divestment push in the coal sector, aimed at unlocking value in Coal India's subsidiaries and enhancing transparency through market discipline.
In 2025, several IPOs were launched and many companies made a bumper stock market debut.
Bharat Coking Coal IPO price band is set in the range of Rs 21 to Rs 23 per share. The lot size for an application is 600. A retail investor is required to bid for a single lot of 600 shares, for which Rs 13,800 would be required. The investors applying in the NII category are required to bid for 15 lots for which Rs 2,07,000 is required and bNII portion applicants are mandated to bid for 73 lots.
IDBI Capital Markets Services Ltd is the book running lead manager and Kfin Technologies Ltd is the registrar of the issue.
Bharat Coking Coal IPO allotment expected on January 14, 2026
Refunds process to likely begin on January 15
The shares are expected to be credited to the demat accounts of shareholders on January 15.
The BCCL stock will list on BSE and NSE with a tentative date January 16, 2026.
BCCL came into existence in January, 1972 to operate coking coal mines operating in the Jharia & Raniganj Coalfields. Later, on 16th Oct,1971, it was taken over by the Govt. of India to ensure planned development of the scarce coking coal resources in the country. It is a Public Sector Undertaking engaged in mining of coal and allied activities.
In 2025, companies raised a record nearly Rs 1.76 lakh crore through IPOs as compared to Rs 1.6 lakh crore in 2024 and the Rs 49,436 crore raised in 2023.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
