BCCL IPO Opens Jan 9: Key Insights Before You Invest
Market
C
CNBC TV1805-01-2026, 15:36

BCCL IPO Opens Jan 9: Key Insights Before You Invest

  • Bharat Coking Coal's ₹1,071 crore IPO opens Jan 9-11, priced at ₹21-₹23 per share.
  • India's largest coking coal producer, holding 58.5% market share and 100+ years of reserves.
  • Plans to boost production to 54 MT by FY30, doubling coal washing capacity and targeting ₹20,000 crore revenue.
  • Strong demand expected from India's growing steel sector; H1 revenue dip due to rain and lower global prices.
  • IPO is an Offer for Sale by Coal India, funding its ₹1 lakh crore capex; BCCL also diversifying into CBM and solar.

Why It Matters: BCCL's IPO offers a chance to invest in India's dominant coking coal producer with strong growth plans.

More like this

Loading more articles...