Bharat Coking Coal (BCCL) IPO 2026
₹1,071.00 Crores
Price Band
₹21 – ₹23
Issue Dates
Jan 9 – 13, 2026
Total Issue Size
₹1,071 Cr
| Particular | Details |
|---|---|
| IPO Open Date | January 9, 2026 |
| IPO Close Date | January 13, 2026 |
| IPO Bidding Cut-off Time: | January 13, 2026 (5 PM) |
| Basis of Allotment | January 14, 2026 |
| Refunds | January 15, 2026 |
| Credit to Demat | January 15, 2026 |
| Listing Date | January 16, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹21 – ₹23 |
| Total Issue Size | ₹1,071 Cr |
| Fresh Issue | ₹[.] Cr |
| Offer for Sale (OFS) | 46,57,00,000 shares |
| Minimum Lot | 600 shares (₹13,800) |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 13,800 |
| Retail (Max) | 14 | 8,400 | 1,93,200 |
| sNII (Min) | 15 | 9,000 | 2,07,000 |
| sNII (Max) | 72 | 43,200 | 9,93,600 |
| bNII (Min) | 73 | 43,800 | 10,07,400 |
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investors | – | –% |
| QIB (excluding Anchor) | – | 50% |
| NII / HNI | – | 15% |
| Retail Investors | – | 35% |
| Total Issue | 46,57,00,000 Shares | 100% |
Note: 50% of the issue is reserved for QIB, 15% for NII, and 35% for Retail investors.
| Year | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| FY23 | 13,018.57 | 12,488.38 | 664.78 | 13,312.86 |
| FY24 | 14,652.53 | 12,560.86 | 1,564.46 | 14,727.73 |
| FY25 | 14,401.63 | 12,698.74 | 1,240.19 | 17,283.48 |
Review: APPLY (Long Term)
Strong profitability and Mini Ratna status.
Investors should apply for the long term based on financials.
| Anchor Bidding Date | January 8, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | ₹[.] Cr. |
| lock-in period end date 50% shares (30 Days) | February 13, 2026 |
| lock-in period end date 50% shares (90 Days) | April 14, 2026 |
| KPI | Values |
|---|---|
| ROE | 20.83% |
| ROCE | 30.13% |
| EBITDA Margin | 16.36% |
| PAT Margin | 8.61% |
| Debt to equity ratio | – |
| EPS (Basic) | ₹2.66 |
| P/E Ratio | N/A |
| RoNW | 20.83% |
| NAV | ₹14.07 |
President of India & Coal India Limited
| Shares | % | |
|---|---|---|
| Pre-Issue | 4,65,70,00,000 | 100% |
| Post-Issue | 4,65,70,00,000 | 90% |
| Purpose | Amount (₹ Cr) |
|---|---|
| Information Not Available | NA |
| Company | EPS | P/E | RoNW | NAV | Revenue ₹ Cr |
|---|---|---|---|---|---|
| Alpha Metallurgical | 1,233.78 | 14.87 | 11.48% | 11,182.10 | 25,320.27 |
| Warrior Met Coal | 410.12 | 19.44 | 12.82% | 3,423.71 | 13,058.93 |
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Company: Bharat Coking Coal Limited
Email: [email protected]
Website: bcclweb.in
Established in 1972, Bharat Coking Coal Limited (BCCL) is a leading company in mining and supplying coking coal, non-coking coal, and washed coal. It holds Mini Ratna status and serves the steel and power industries.
As of 2025, the company operates 32 mines and produced 40.50 million tonnes of coal, accounting for nearly 58.5% of India's domestic coking coal production.
Q. When does Bharat Coking Coal IPO open?
A. January 9, 2026
Q. Price band?
A. ₹21 – ₹23 per share
Q. Minimum lot?
A. 600 shares (₹13,800)
Q. Listing date?
A. January 16, 2026 on BSE & NSE
Q. Should I apply?
A. Yes, as per financials, investors should apply for the long term.