Search or Ask Iris
Ctrl+K
Welcome to Multibagg AI
Log in to access personalized features
Welcome to Multibagg AI
Log in to access personalized features
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Bharat Coking Coal Limited (BCCL) is India's largest coking coal producer, contributing 58.50% of the country's domestic production in Fiscal 2025. As a wholly-owned subsidiary of Coal India Limited, it primarily operates mines in the Jharia coalfield in Jharkhand and the Raniganj coalfield in West Bengal. The company produces various grades of coking coal, non-coking coal, and washed coal, serving key industries such as steel and power. BCCL has a substantial reserve base and has significantly increased its production from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025.
Jan 09, 2026
Jan 13, 2026
Jan 16, 2026
Mainboard
Closed
1068.78 Cr
0 Cr
1071.11 Cr
₹21 - ₹23
600
The main objectives of the issue are:
To carry out an Offer for Sale of up to 465,700,000 equity shares by the Promoter Selling Shareholder, with all proceeds going to the shareholder.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges, which will enhance the company's visibility, brand image, and provide liquidity for the shares in the public market.
8.64
2.66
20.83%
30.13%
13.12%
—
1.96%
7.29%
1.84
Largest coking coal producer in India, holding 58.50% of domestic production and possessing vast reserves.
Strategically located mines and washeries in the resource-rich Jharia and Raniganj coalfields with well-developed infrastructure.
Strong parentage of Coal India Limited, providing access to extensive resources, technical expertise, and market credibility.
Well-positioned to capitalize on the growing demand for coking coal, driven by India's expanding steel and power sectors.
High geographical concentration of mines and washeries in Jharia, Jharkhand, and Raniganj, West Bengal, increasing exposure to regional risks.
Significant dependence on the production of raw coking coal, which accounted for over 75% of revenue from operations in Fiscal 2025.
Faces substantial contingent liabilities amounting to ₹3,598.59 crores as of September 30, 2025, which could impact financial health if they materialize.
Heavy reliance on its top 10 customers, who contributed to over 83% of revenue in the first half of Fiscal 2026, posing a customer concentration risk.
Growing demand for coking coal in India, with projections to reach 138 MMT by Fiscal 2035, driven by the National Steel Policy's expansion targets.
Transforming discontinued underground mines into profitable ventures through the Mine Developer and Operator (MDO) model on a revenue-sharing basis.
Expansion and modernization of washery capacity to produce higher-grade coking coal, reducing India's reliance on imports.
Diversification into new energy sources, including the exploration and development of Coal Bed Methane (CBM) projects in the Jharia coalfield.
Intensifying global and national push towards renewable energy and stricter environmental regulations, which may reduce long-term demand for coal.
Competition from imported coking coal, which may become more attractive if international prices decrease or domestic costs rise.
Inherent operational risks in mining activities, including accidents, fires, and geological challenges, which can lead to production disruptions and liabilities.
The business is highly manpower-intensive and subject to trade union activities, which could lead to work stoppages and increased wage demands.
Bharat Coking Coal Limited (BCCL) is India's largest coking coal producer, contributing 58.50% of the country's domestic production in Fiscal 2025. As a wholly-owned subsidiary of Coal India Limited, it primarily operates mines in the Jharia coalfield in Jharkhand and the Raniganj coalfield in West Bengal. The company produces various grades of coking coal, non-coking coal, and washed coal, serving key industries such as steel and power. BCCL has a substantial reserve base and has significantly increased its production from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025.
The Bharat Coking Coal Ltd. IPO is scheduled to open for subscription on Jan 09, 2026 and close on Jan 13, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Bharat Coking Coal Ltd. IPO is ₹21 to ₹23. Investors can place bids within this range once the issue opens.
The minimum lot size for the Bharat Coking Coal Ltd. IPO is 600 shares. The minimum investment amount ₹13,800.
The total issue size of the Bharat Coking Coal Ltd. IPO is approximately ₹1,068.78. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Bharat Coking Coal Ltd. IPO has been subscribed 138.7 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Bharat Coking Coal Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Bharat Coking Coal Ltd. are expected to list on stock exchanges on Jan 16, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Bharat Coking Coal Ltd. IPO are proposed to be used for The main objectives of the issue are:, To carry out an Offer for Sale of up to 465,700,000 equity shares by the Promoter Selling Shareholder, with all proceeds going to the shareholder., To achieve the benefits of listing the Equity Shares on the Stock Exchanges, which will enhance the company's visibility, brand image, and provide liquidity for the shares in the public market.
Before applying for the Bharat Coking Coal Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
