Bharat Coking Coal IPO Listing Date Uncertain Amid Maharashtra Election Holiday

• Bharat Coking Coal Ltd (BCCL) IPO listing on January 16 is uncertain due to a stock market and settlement holiday on January 15.
• Domestic equity markets (BSE and NSE) will be closed on January 15 for municipal corporation elections in Maharashtra.
• The IPO, which closed on Tuesday after opening on January 9, was subscribed 34 times on the second day.
• Anchor investors contributed Rs 273.1 crore, and the IPO has a grey market premium (GMP) of around 47%.
• Bharat Coking Coal Ltd, a subsidiary of Coal India Ltd, is India's largest coking coal producer.

Why It Matters: BCCL IPO listing likely postponed to January 19 due to Maharashtra election holiday.