Bharat Coking Coal's initial public offering (IPO) entered its second day of bidding, receiving a strong subscription response. The Rs 1,071.11 crore IPO is an offer-for-sale with a price band of Rs 21-23 per share. Brokerages like Anand Rathi Research and Canara Bank Securities recommend subscribing for listing gains and long-term profits, citing the company's strong market share and financial metrics, though some note concerns about seasonal variations impacting performance.