Bharat Coking Coal IPO GMP jumps to 48% on strong demand.
Business
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Moneycontrol09-01-2026, 18:19

Bharat Coking Coal IPO GMP Soars to 48% on High Demand; Amagi Media Labs at 9%

  • Bharat Coking Coal's IPO grey market premium (GMP) surged to 48% due to strong investor demand.
  • The IPO, a Coal India arm, was subscribed nearly eight times on its opening day and fully subscribed within minutes.
  • Grey market tracking platforms indicate a potential listing gain of 44.57% to 47.83% for Bharat Coking Coal.
  • Bharat Coking Coal raised over Rs 273 crore from anchor investors; the Rs 1,071-crore IPO closes on January 13.
  • Amagi Media Labs' IPO GMP is around 9-12%, with its Rs 1,788-crore IPO opening on January 13 and closing on January 16.

Why It Matters: Bharat Coking Coal's IPO shows robust investor interest with a 48% GMP, while Amagi Media Labs' GMP is 9%.

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