Coal India's Bharat Coking Coal IPO Launches Jan 9: All You Need to Know

• Coal India's subsidiary Bharat Coking Coal (BCCL) IPO launches on January 9, marking the first major IPO of 2026.
• It's an Offer For Sale (OFS) by Coal India (CIL) of 46.57 crore shares; BCCL will not issue new shares, so proceeds go to CIL.
• Bidding opens January 9 and closes January 13; anchor investors can bid on January 8.
• Shares reserved for employees (2.32 crore) and shareholders (4.65%); listing on BSE and NSE on January 16.
• BCCL, a Mini Ratna company founded in 1972, is a major coal producer, contributing 58.50% of India's total coal in FY25.

Why It Matters: Bharat Coking Coal's IPO, an OFS by Coal India, opens Jan 9 for listing on Jan 16.