Founded in 1972, Bharat Coking Coal Limited (BCCL) operates as a wholly-owned subsidiary of Coal India Limited, specializing in the production of coking coal, non-coking coal, and washed coal for industries such as steel and power. With 34 operational mines—comprising four underground, 26 opencast, and four mixed mines—as of September 30, 2025, the company’s activities are spread across a 288.31 square kilometer leasehold area in Jharia, Jharkhand, and Raniganj, West Bengal. As of April 1, 2024, BCCL’s estimated coking coal reserves stand at roughly 7,910 million tonnes, and in Fiscal 2025 the company contributed 58.50% of India’s total domestic coking coal output. Its operations span opencast and underground mining projects, coal washeries, the monetisation of idle washeries and discontinued mines via the WDO and MDO models, and the development of solar power projects.

Bharat Coking Coal Limited (BCCL) is set to launch a Book Built IPO, opening for subscription on January 9, 2026, and closing on January 13, 2026. The company aims to raise approximately ₹1,071 crores through this offering, which comprises a fresh issue and an offer for sale of up to 46.57 crore equity shares with a face value of ₹10 each. The price band has been set between ₹21 and ₹23 per share.

The allocation quota is divided as 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net Worth Individuals (HNI). The share allotment is scheduled for January 14, 2026, with listing on both the BSE and NSE expected on January 16, 2026. Financially, the company reported a revenue of ₹14,401.63 crores in 2025, compared to ₹14,652.53 crores in 2024, while its profit stood at ₹1,240.19 crores in 2025, down from ₹1,564.46 crores in the previous year.

Bharat Coking Coal IPO Details

IPO Date	January 9, 2026 to January 13, 2026
Listing Date	Fri, Jan 16, 2026
Face Value	₹10 per share
Price Band	₹21 to ₹23
Lot Size	600 Shares
Issue Size	Approx ₹1,071 Crores
Sale Type	Offer For Sale
Issue Type	Book building IPO
Listing At	BSE, NSE
Share Holding Pre Issue	4,65,70,00,000 shares
Share Holding Post Issue	4,65,70,00,000 shares

Bharat Coking Coal IPO Dates

Bharat Coking Coal IPO opens for subscription on January 9 and will close on January 13. The share allotment is scheduled for January 14, with the listing date set for January 16.

IPO Open Date	Fri, Jan 9, 2026
IPO Close Date	Tue, Jan 13, 2026
Tentative Allotment	Wed, Jan 14, 2026
Refunds	Thu, Jan 15, 2026
Credit of Shares to Demat	Thu, Jan 15, 2026
Tentative Listing Date	Fri, Jan 16, 2026

Bharat Coking Coal IPO Market Lot

Bharat Coking Coal IPO, the minimum investment is one lot of 600 shares, costing ₹13,800. Retail investors have the option to apply for a maximum of 13 such lots, which translates to 8,400 shares for a total amount of ₹1,93,200.

Application	Lot Size	Shares	Amount
Retail Minimum	1	600	₹13,800
Retail Maximum	14	8,400	₹1,93,200
S-HNI Minimum	15	9,000	₹2,07,000
S-HNI Maximum	72	43,200	₹9,93,600
B-HNI Minimum	73	43,800	₹10,07,400

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Bharat Coking Coal IPO 2026: Price Band, Dates & Investor Guide