Bharat Coking Coal Shares List at Nearly 97% Premium After Oversubscribed IPO

Bharat Coking Coal Ltd (BCCL), a Coal India subsidiary, made a strong stock market debut on January 19, 2026, listing at around a 96-97% premium over its Rs 23 IPO price. The Rs 1,071 crore IPO, entirely an offer for sale, was oversubscribed about 146-147 times across investor categories. Shares opened near Rs 45 on NSE and BSE but saw some profit booking post-listing. Analysts highlight BCCL's strategic role in India's steel and coal sectors, advising long-term holding despite short-term volatility.