Bharat Coking Coal IPO: Shares to List Monday; Analysts Advise Partial Profit Booking

• Bharat Coking Coal Ltd (BCCL) shares will list on stock exchanges on Monday after its IPO was subscribed 147 times.
• The Rs 1,071-crore IPO, priced at Rs 21-23 per share, was fully subscribed within minutes of opening on January 9.
• Analysts expect BCCL to list at a premium of 39-52%, with Prashanth Tapse predicting a listing price of Rs 32-35.
• Investment experts advise booking partial profits upon listing, especially if gains exceed 50%, due to limited near-term upside and fully priced valuations.
• Long-term investors may hold, but short-term investors and non-allotted individuals should be cautious of volatility and sector cyclicality.

Why It Matters: BCCL shares list Monday with strong premium expectations; analysts recommend partial profit booking for short-term gains.