Bharat Coking Coal Sets ₹1,071 Cr IPO Price Band; Subscription Opens Jan 9

• Bharat Coking Coal, a Coal India unit, has fixed the price band for its ₹1,071 crore IPO between ₹21-₹23 per share.
• The IPO, a complete Offer for Sale by Coal India, opens for subscription on January 9 and closes on January 13.
• Eligible employees get a ₹1 discount; retail investors can bid for a minimum of 600 shares (₹13,800).
• 35% of the issue is reserved for retail investors, 50% for QIBs, and 10% for NIIs.
• ₹107 crore worth of shares are reserved for eligible Coal India shareholders.

Why It Matters: Bharat Coking Coal's ₹1,071 crore IPO opens Jan 9, marking the first mainboard IPO of 2026.