BCCL IPO Rocks Grey Market with 47% Premium; Bidding Starts Jan 9

• Bharat Coking Coal Limited (BCCL) IPO opens January 9, closes January 13, with shares priced ₹21-₹23.
• The ₹1,071.11 crore IPO is an Offer For Sale by parent company Coal India Limited, selling 46.57 crore shares.
• BCCL shares are trading at an ₹11 premium in the grey market, indicating a potential 47% listing gain.
• BCCL is India's largest coking coal producer, holding 58.5% of domestic production in FY2025.
• Minimum investment for one lot (600 shares) is ₹13,800; listing expected January 15, 2026.

Why It Matters: BCCL IPO, India's largest coking coal producer, shows strong grey market demand ahead of Jan 9 opening.