Bharat Coking Coal IPO: Should You Book Profit or Hold Shares After 147x Subscription?

• Bharat Coking Coal (BCCL) IPO shares will list on January 19 after an overwhelming 147 times subscription.
• Experts anticipate a strong listing, with shares expected to open at a 39-52 percent premium over the issue price (Rs 32-35).
• Investors are advised to book some profit if shares list above a 50 percent premium and hold the rest for the long term.
• Long-term investors are encouraged to hold BCCL shares, while short-term investors can consider partial profit booking.
• Those who missed the IPO or were not allotted shares should avoid investing in the secondary market on the listing day due to the cyclical nature of the sector and full valuation.

Why It Matters: BCCL IPO saw massive demand; investors should consider partial profit booking on listing and hold for long term.