bharat coking coal limited IPO
IPO Overview
Bharat coking coal limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹1,071 Cr. The IPO price band is set at ₹21 to ₹23 per share, and retail investors can apply with a minimum investment of ₹13.8K as per IPO guidelines.
The Bharat coking coal limited IPO opens on 9 Jan 2026 and closes on 13 Jan 2026. The IPO allotment is expected to be finalized on 14 Jan 2026, and the equity shares are proposed to be listed on BSE,NSE on 19 Jan 2026.
Investors can refer to the Bharat coking coal limited IPO RHP-DRHP for detailed information. The issue is managed by IDBI Capital Markets Services Ltd.,ICICI Securities Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
As of September 30, 2025, the company operates a network of 34 operational mines, including four underground, 26 opencast, and four mixed mines.
The company's primary product is coking coal, catering to the steel and power industries. As of April 1, 2024, BCCL has an estimated coking coal reserve of approximately 7,910 million tonnes. In Fiscal 2025, BCCL accounted for 58.50% of the total domestic coking coal production in India.
The company operates across Jharia, Jharkhand, and Raniganj, West Bengal, covering a total leasehold area of 288.31 square kilometres.
The company's operations include opencast and underground mining projects, coal washeries, monetisation of idle washeries through the Washery Developer and Operator (WDO) model, reopening discontinued underground mines through the Mine Developer and Operator (MDO) model, and solar power project monetisation through self-consumption and grid injection.
The company's coal production increased from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025. In Fiscal 2024, the company produced 39.11 million tonnes of coking coal and 1.99 million tonnes of non-coking coal.