Bharat Coking Coal Limited's (BCCL) initial public offering (IPO) saw strong investor demand on its opening day, January 9, 2026, fully subscribing within minutes and closing at over 8 times the offered shares. The Rs 1,071 crore issue, an offer for sale by parent Coal India, attracted significant interest from retail and non-institutional investors, while qualified institutional buyers showed less participation. The IPO, priced between Rs 21 and Rs 23 per share, aims to raise funds for Coal India as part of its divestment strategy.