Bharat Coking Coal Debuts with 96% Premium, IPO Subscribed 147 Times

• Bharat Coking Coal (BCCL) made a strong stock market debut, listing at a 96% premium over its IPO price.
• The company's initial public offering (IPO) was oversubscribed an impressive 147 times during the bidding window of January 9-13.
• Shares listed at Rs 45 per share on NSE and Rs 45.21 on BSE, significantly above the Rs 23 IPO price band.
• BCCL's market capitalization reached Rs 21,054.30 crore post-listing, after raising Rs 273 crore from anchor investors.
• Experts advise investors to consider booking partial profits due to potential volatility, while retaining some for long-term gains.

Why It Matters: Bharat Coking Coal's stellar market debut highlights strong investor confidence and a robust IPO market.