Bharat Coking Coal IPO GMP Dips, Still Promises Strong Listing Gains

• Bharat Coking Coal IPO's Grey Market Premium (GMP) has slightly declined but still indicates significant listing gains.
• Current GMP ranges from 54.78% to 57% (Rs 12.6 per share), down from 70% earlier.
• The Rs 1,071-crore IPO, priced at Rs 21-23 per share, opens January 9, 2026, and closes January 13, 2026.
• It's an Offer for Sale by Coal India, with 35% reserved for retail and 10% for Coal India shareholders.
• Shares are expected to list on January 16, 2026, following allotment on January 14, 2026.

Why It Matters: Despite a slight GMP dip, Bharat Coking Coal IPO is poised for strong listing gains.