Bharat Coking Coal IPO
Market Sentiment
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 13,018.57 | 14,652.53 | 14,401.63 | 6,311.51 |
| Expense | 12,488.38 | 12,560.86 | 12,698.74 | 6,112.17 |
| Profit (PAT) | 664.78 | 1,564.46 | 1,240.19 | 123.88 |
| Total Assets | 13,312.86 | 14,727.73 | 17,283.48 | 18,711.13 |
| Company | EPS | P/E | Market Cap (Cr) |
|---|---|---|---|
| Coal India | 52.30 | 8.50 | 2,85,000 |
| Singareni Collieries | 38.40 | 6.20 | 12,000 |
Promoters: the President of India, Acting Through The Ministry of Coal, Government of India And Coal India Limited. Details Of The Offer to the Public
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 4,65,70,00,000 | 100.00% |
| Promoter Holding Post Issue | 4,65,70,00,000 | 90.00% |
Strengths & Risks
- Heavily oversubscribed — 146.8x overall (final).
- Strong institutional (QIB) demand — 310.8x.
- Solid profit margin — 12.4%.
- Strong return on equity — 19%.
No major red flags in the available data.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Bharat Coking Coal Limited (BCCL), established in 1972, is one of the leading companies that mine and supply coking coal, non-coking coal, and washed coal. In 2014, the company received Mini Ratna status in the supply of coking coal serving the steel and power industries. The company runs its business with mines located at Jharia, Jharkhand, and Raniganj, West Bengal coalfields. Moreover, the company runs 32 mines, including 25 opencast, 3 underground, and 4 mixed mines as of March 31, 2025. In FY25, the company’s coal production increased to 40.50 million tonnes. Furthermore, in FY25, the company has produced nearly 58.5% of India’s domestic coking coal. They operate their business with open and underground mines, coal washeries, reopening discontinued underground mines, and coal washeries that are stopped or lying unused for some time.
Resources & Documents
Bharat Coking Coal Limited., Koyla Bhawan, Koyla Nagar,, Dhanbad Jharkhand,, India – 826005
Bharat Coking Coal has set a price band of Rs 21–Rs 23 per share for an issue size of Rs 1,071 crore in the coal & mining sector. The stock listed with a 76.43% gain versus its issue price on January 19, 2026.
Bharat Coking Coal Limited (BCCL), established in 1972, is one of the leading companies that mine and supply coking coal, non-coking coal, and washed coal. In 2014, the company received Mini Ratna status in the supply of coking coal serving the steel and power industries. The company operates in the coal & mining space.
The issue is promoted by the President of India, Acting Through The Ministry of Coal, Government of India And Coal India Limited. Details Of The Offer to the Public with IDBI Capital Markets Services Ltd., ICICI Securities Ltd. acting as lead manager.
Grey market is quoting a premium of +Rs 18 (+78.3% over issue price), up Rs 10 from the previous session. Final subscription data records overall subscription at 146.80x, retail at 49.25x, QIB at 310.81x, NII at 258.02x.
At the upper end of the price band, the issue is priced at a post-issue P/E of 7.19x. On fundamentals, the company is posting revenue growth of 8.5%, a profit margin of 12.4%, return on equity of 18.5% in its most recent reported period. Listed peers in this segment include Coal India (P/E 8.50x, market cap Rs 2,85,000 crore) and Singareni Collieries (P/E 6.20x, market cap Rs 12,000 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Bharat Coking Coal IPO GMP — What It Means
The latest grey market premium for Bharat Coking Coal IPO is ₹18 (+78.3%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Bharat Coking Coal it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Bharat Coking Coal GMP history and trend, or learn how grey market premium works and how reliable it is.
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