Bharat Coking Coal IPO: Grey Market Signals Strong 50% Listing Gains Ahead of Launch

• Bharat Coking Coal IPO's grey market premium (GMP) indicates potential 50% listing gains, signaling strong investor interest.
• The ₹1,071 crore public issue, priced at ₹21-₹23 per share, is the first mainboard IPO of 2026, opening January 9 and closing January 13.
• The IPO is an Offer for Sale, with parent Coal India divesting a 10% stake, reducing its holding to 90%.
• Retail investors can apply for a minimum of 600 shares (₹13,800), with 35% allocation reserved for them.
• Shares are expected to debut on exchanges on January 16, part of Coal India's plan to list all subsidiaries by FY30.

Why It Matters: Bharat Coking Coal IPO shows strong listing potential with 50% GMP, opening January 9.