Bharat Coking Coal IPO Listing Today: Over 50% Bumper Gains Expected for Investors

• Bharat Coking Coal Limited (BCCL) shares are set to list on BSE and NSE today, January 19, with trading expected to begin at 10:00 AM.
• The IPO, open from January 9-13, was massively oversubscribed by 143.85 times overall, with strong bidding across all investor categories.
• Grey Market Premium (GMP) suggests a 58.70% premium over the IPO price of Rs 23, indicating significant listing gains for investors.
• BCCL, a subsidiary of Coal India Ltd (CIL), is India's largest coking coal producer, operating 34 mines primarily in Jharia, Jharkhand and Raniganj, West Bengal.
• The listing is part of the government's divestment push, aiming to unlock value and enhance transparency in the coal sector.

Why It Matters: Bharat Coking Coal's IPO is expected to deliver over 50% gains on listing, driven by strong investor demand.