The BCCL (Bharat Coking Coal Limited) is finalizing its IPO allotment today, 14 January 2026. This comes after investors showed massive interest by oversubscribing the issue nearly 147 times. As the first main board listing of 2026, this Coal India subsidiary is ready for a huge debut on the stock market.
Investors who applied for the Rs 1,071 crore public issue can check their allotment status online through the official registrar, KFin Technologies or via the BSE and NSE websites.
Subscription Highlights with Massive Investor Rush
The three days of bidding ended on 13 January, 2026 and the results were outstanding. We saw huge interest from every type of investor. Big institutional investors make the demand really high but regular everyday investors and existing shareholders also showed their true believe in this government owned company.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 310.81x |
| Non-Institutional Investors (NII) | 258.16x |
| Retail Individual Investors | 49.33x |
| Shareholders (Coal India) | 87.29x |
| Total Overall Subscription | 146.87x |
GMP Signals a Surprise Listing
As of the morning of 14 January, the unofficial market price (GMP) for BCCL has jumped to Rs. 13.40. The official share price is Rs. 23, but these early signals suggest the stock could open at around Rs. 36.40. If that happens than anyone who gets shares today could see a massive 58% profit on the very first day of trading.
Also read: Mutual Fund Vs Stocks: Which is Better Investment in 2025
How to Check Your Allotment Status
Investors can verify if they have been allotted shares by following these steps:
- Via Registrar (KFin Technologies): Visit the KFintech IPO status portal, Select “Bharat Coking Coal Ltd” from the drop down menu and enter your PAN, Application Number or DP ID.
- Via BSE: Go to the BSE allotment page, select “Equity”, choose the issue name and enter your details.
- Via NSE: Check the NSE website using your PAN and application number.
About BCCL and its Business
Bharat Coking Coal Limited is the largest producer of coking coal in India. The company was founded in 1972 and is owned by Coal India Limited. BCCL is involved in producing coking coal which is mainly used in making steel. BCCL mines this coal from 34 different sites across Jharkhand and West Bengal. The company has shown steady growth, which makes this company a very attractive choice for investors in this IPO.
- BCCL produces over 58% of all the coking coal made in India.
- The company has nearly 7.9 billion tonnes of coal, enough to keep mining for more than 100 years.
- It increased its coal production from 30.5 million tonnes in 2022 to over 40.5 million tonnes in 2025.
Even though it is a government owned company but it runs with strong profits and no major debt. Below is the financial health of the company:
| Financial Indicator | Amount (FY 2024–25) |
|---|---|
| Annual Revenue | ~Rs 13,083 Crore |
| Annual Profit | ~Rs 1,240 Crore |
| Long-Term Debt | Zero |
| Market Share (Coking Coal) | 58.5% |
What is Next? Key Dates to Remember
- Refunds / Unblocking of Funds: Thursday, 15 January 2026.
- Credit of Shares to Demat: Thursday, 15 January 2026.
- Listing Date (NSE & BSE): Friday, 16 January 2026.
What Experts Say
Gaurav Garg, Research Analyst at Lemonn Markets Desk says, the huge demand shows that investors feel the share price is a great deal. He pointed out that BCCL is a special kind of investment. BCCL is the largest domestic producer of coal in India which helps the country stop buying expensive coal from other countries.
Also read:
Disclaimer: The views, opinions, and grey market trends expressed in this article are for informational purposes only and do not constitute financial advice. Grey market premiums are unofficial and subject to high volatility. It is advisable to consult a qualified financial advisor before making any investment or trading choices.
Curated Portfolio
Portfolio Checkup
Freedom SIP
Funds Recommendation
