Bharat Coking Coal IPO GMP Soars: 61% Listing Gain Expected Monday

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News18•16-01-2026, 12:03
Bharat Coking Coal IPO GMP Soars: 61% Listing Gain Expected Monday
- •Bharat Coking Coal IPO's Grey Market Premium (GMP) surged to Rs 14.1 on Friday, up from Rs 13 on Thursday, indicating approximately 61% listing gains.
- •The IPO, open from January 9-13, saw massive oversubscription: 143.85 times overall, 49.37x for retail, 240.49x for NII, and 310.81x for QIB.
- •Shares of Bharat Coking Coal Ltd (BCCL), a Coal India subsidiary, will list on BSE and NSE on Monday, January 19.
- •Investors can check allotment status on Kfin Technologies, BSE, or NSE websites using application number, demat account, or PAN.
- •BCCL was India's largest coking coal producer in FY25, operating 34 mines and reporting Rs 13,802 crore revenue and Rs 1,204 crore profit in FY25.
Why It Matters: Bharat Coking Coal IPO shows strong investor confidence with a surging GMP, predicting significant listing gains.
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