GMP hints at strong earnings! Find out how much investors in the BCCL IPO will earn per share.:Bharat Coking Coal, a subsidiary of PSU Maharatna Coal India, is set to list on January 19. The listing date was originally scheduled for January 16, but was changed due to the BMC election results.

News Topical, Digital Desk : BCCL IPO: The IPO of Bharat Coking Coal Limited, a subsidiary of Coal India, is expected to have a strong listing. According to several websites tracking gray market activity, Bharat Coking Coal Limited's IPO is expected to list at a premium of ₹14.2 billion. With the IPO's upper price band, the IPO is expected to list at ₹37.2 billion. This means investors will earn a 61.74% profit per share.

When will the listing happen?

The listing of Bharat Coking Coal, a subsidiary of PSU Maharatna Coal India, was originally scheduled for January 16, but was later postponed to January 9, 2026. This delay was due to the BMC election results.

This IPO, worth ₹1,071.11 crore, received an overwhelming response from investors. It was subscribed nearly 147 times. Open from January 9th to January 13th, the IPO received bids for 50,95,55,58,000 shares on its last day, compared to the 34,69,46,500 shares offered. This impressive response to the IPO occurred despite the fact that it was entirely an offer-for-sale (OFS). This means that Bharat Coking Coal will not receive any proceeds from the issue. The entire proceeds will go to the promoter and selling shareholder, Coal India Limited.

There were many bids for the IPO

Category-wise, the issue received the highest subscription from qualified institutional buyers (QIBs), who subscribed more than 300 times. Bids were placed for 24,60,65,19,600 shares against the 79,169,000 shares reserved for this segment. The retail investor portion was subscribed 49.33 times. Strong demand was also seen in the non-institutional investors and shareholder categories, with subscriptions of 258.16 times and 87.29 times, respectively.