BCCL IPO Blockbuster Debut: Subscribed 8.09 Times on Day 1, Retail & NII Lead

• Bharat Coking Coal Limited (BCCL) IPO opened on January 9, 2026, and was subscribed 8.09 times overall on its first day.
• Retail investors showed strong confidence with a 9.26 times subscription, while non-institutional investors (NII) led with 16.39 times.
• Existing Coal India shareholders' quota was heavily oversubscribed at 10.86 times, indicating positive sentiment.
• Qualified Institutional Buyers (QIB) category saw low subscription (0.30 times) as they typically bid on final days.
• BCCL, India's largest coking coal producer, is strategically important for the steel industry, with strong financials and PSU backing.

Why It Matters: BCCL's IPO saw an overwhelming response on Day 1, driven by retail and NII confidence, signaling a strong market debut.