Bharat Coking Coal and Amagi Media Labs IPOs Conclude Amidst Varying Investor Interest

Two Indian companies, Bharat Coking Coal (BCCL) and Amagi Media Labs, recently concluded their Initial Public Offerings (IPOs). BCCL's IPO, an offer for sale by parent Coal India, was heavily oversubscribed, attracting bids nearly 147 times the shares on offer and setting records for application numbers. Amagi Media Labs' IPO, a mix of fresh issue and offer for sale, saw a more subdued subscription rate, particularly from institutional investors. Both IPOs are expected to list on major Indian stock exchanges, with BCCL's allotment finalized and Amagi's expected soon.