What is Bharat Coking Coal IPO GMP Today?
The Latest GMP of Bharat Coking Coal IPO is ₹11.
Bharat Coking Coal IPO GMP
| DATE | GMP (GREY MARKET PREMIUM) | EXPECTED LISTING GAINS |
|---|---|---|
| 13-Jan-2025 | 11 | 6,600 |
| 12-Jan-2025 | 11 | 6,600 |
| 11-Jan-2025 | 11 | 6,600 |
| 10-Jan-2025 | 11 | 6,600 |
| 09-Jan-2025 | 11 | 6,600 |
| 08-Jan-2025 | 11 | 6,600 |
| 07-Jan-2025 | 11 | 6,600 |
IPO Grey Market Premium (GMP)– bharat coking coal ipo gmp today
The grey market premium (GMP) represents the informal trading price in grey market of an IPO before it officially lists on the stock exchange. The GMP can provide an early snapshot of investor sentiment and the expected demand for shares once they are listed. A higher GMP generally suggests positive market expectations, while a lower or negative GMP may indicate cautious sentiment.
It is important to remember that GMP values are purely indicative and can change rapidly due to short-term market factors, speculative trading, or investor perception. They do not guarantee how the IPO will perform on the listing day.
Investors should not base their investment decision solely on GMP. Instead, a careful analysis of the company’s business model, financial health, industry position, and growth potential should guide the decision to participate in the IPO. Using GMP as one of many reference points can help, but relying on it alone carries significant risk.
Bharat Coking Coal (BCCL), a Coal India subsidiary, is launching its IPO on 9 January 2026 with a price band of ₹21–23 per share. The issue is entirely an Offer for Sale (OFS) of 46.57 crore shares, aiming to raise about ₹1,071 crore, and will list on BSE and NSE on 16 January 2026
Key Highlights of Bharat Coking Coal IPO – bharat coking coal ipo gmp today
IPO Dates
- Issue Opens: 9 January 2026 (Friday)
- Issue Closes: 13 January 2026 (Tuesday)
- Allotment Date: 14 January 2026
- Refunds Initiation: 15 January 2026
- Credit of Shares to Demat: 15 January 2026
- Listing Date: 16 January 2026 (Friday)
IPO Details – Bharat coking coal ipo gmp today
| Detail | Information |
| Price Band | ₹21 – ₹23 per share |
| Issue Size | ₹1,071 crore (OFS only) |
| Shares Offered | 46.57 crore equity shares |
| Face Value | ₹10 per share |
| Lot Size | 600 Shares |
| Listing | BSE & NSE |
| Issue Type | Book Built Issue |
| Promoter | Coal India Limited (selling shareholder) |
Reservation Structure
- QIB (Qualified Institutional Buyers): Up to 50%
- Retail Investors: Not less than 35%
- NII (High Net-worth Individuals): Not less than 15%
Company Overview – Bharat Coking Coal Ltd (BCCL)
- Wholly-owned subsidiary of Coal India, incorporated in 1972.
- Largest coking coal producer in India, contributing 58.5% of domestic production in FY25.
- Operations concentrated in Jharia (Jharkhand) and Raniganj (West Bengal) coalfields.
- Estimated reserves: ~7,910 million tonnes of coking coal (as of April 2024).
- Produces multiple grades of coking coal and non-coking coal for steel and industrial use.
Financials
| Period | Revenue (₹ crore) | Profit (₹ crore) |
| FY2025 | 14,401.63 | 1,240.19 |
| FY2024 | 14,652.53 | 1,564.46 |
- Revenue dipped slightly in FY25 compared to FY24.
- Profit declined from ₹1,564 crore to ₹1,240 crore, reflecting margin pressures.
- Strong reserves and market share position provide long-term growth potential.
Objects of the Issue
- Since the IPO is entirely an OFS, no fresh funds will go to the company.
- Proceeds will be received by Coal India Limited, the selling shareholder.
Risks & Considerations
- No fresh capital infusion into BCCL; funds benefit Coal India, not the company directly.
- Profitability decline in FY25 may concern investors.
- GMP volatility suggests cautious sentiment.
- Long-term value lies in BCCL’s dominant market share and reserves, but short-term listing gains depend on demand.
In summary: Bharat Coking Coal IPO opens 9–13 January 2026 at a price band of ₹21–23, with decent GMP. It is a large OFS issue by Coal India, listing on 16 January 2026. Investors should weigh short-term GMP signals against long-term fundamentals before subscribing. (bharat coking coal ipo gmp today)