Bharat Coking Coal IPO Closes With Strong Subscription, Positive GMP Amidst Listing Date Uncertainty
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Bharat Coking Coal IPO Closes With Strong Subscription, Positive GMP Amidst Listing Date Uncertainty

The Bharat Coking Coal (BCCL) IPO, an offer for sale by Coal India, saw strong investor demand, closing on January 13, 2026, after opening on January 9. The Rs 1,071 crore issue was subscribed approximately 33.67 to 43.82 times overall, with significant oversubscription in the non-institutional investor (NII) category. The grey market premium (GMP) indicated positive sentiment and expectations of listing gains. A potential delay in the listing, originally scheduled for January 16, was noted due to a settlement holiday on January 15.

Political Bias
14%50%36%
Sentiment
67%