BCCL IPO Set to Ignite Market with 48% Premium; Opens Jan 9

• Bharat Coking Coal Limited (BCCL) IPO, a subsidiary of Coal India, opens from January 9-13, aiming to raise ₹1,071 crore.
• The IPO is an Offer For Sale (OFS), meaning proceeds go to promoter Coal India, not BCCL.
• BCCL is India's largest coking coal producer, holding 58.50% of domestic production in FY2025, with significant production growth.
• Operational areas include Jharia coalfields in Jharkhand and Raniganj coalfields in West Bengal.
• Grey Market Premium (GMP) of ₹11.1 suggests a potential listing at ₹34.1, a 48% premium over the ₹21-₹23 price band.

Why It Matters: BCCL IPO, India's largest coking coal producer, shows strong pre-market demand with a 48% premium.