Bharat Coking Coal’s IPO enters its second day of bidding today after witnessing a robust response on the opening day. The issue was subscribed to over eight times by the end of Day 1 (last Friday), driven largely by strong participation from non-institutional investors.
Bharat Coking Coal IPO GMP – latest update
In the unofficial market, Bharat Coking Coal is currently trading at a grey market premium of around 43% over the issue price, signalling expectations of a strong listing debut.
Bharat Coking Coal IPO price band and lot size
The IPO is priced in the range of Rs 21 to Rs 23 per equity share. Investors are required to apply for a minimum lot size of 600 shares.
Bharat Coking Coal IPO opening and closing dates
The public issue opened for subscription on January 9, 2026, and will close on January 13, 2026.
Bharat Coking Coal IPO allotment date
The basis of allotment is expected to be finalised on or around January 14, 2026.
Is Bharat Coking Coal IPO worth buying? Expert view
Anand Rathi Research has assigned a “Subscribe” rating, mainly for listing gains. The brokerage cited the company’s dominant market position, strong coal reserves and strategic importance to India’s steel sector, while noting that valuations at the upper end of the price band appear fair and may limit long-term re-rating potential.