New Delhi, Jan 9 (IANS) State-owned Bharat Coking Coal (BCCL), a subsidiary of Coal India, opened its initial public offering (IPO) for bidding on Friday, with issue being fully subscribed within 30 minutes.Grey market premiums on multiple platforms showed the premium at Rs 11, suggesting a potential listing around Rs 34 and an estimated listing gain of about 47.83 per cent (as of 1.05 pm).The country’s largest coking coal producer, BCCL’s IPO which is the first mainboard public issue of 2026 …
Latest Bharat Coking Coal News & Updates
Mumbai, Jan 3 (IANS) State-owned Bharat Coking Coal, a subsidiary of Coal India, has filed its Red Herring Prospectus with the Registrar of Companies to launch its Initial Public Offering on January 9, marking the first mainboard IPO of the new year 2026.The public issue will be entirely an offer-for-sale of 46.57 crore equity shares by its promoter Coal India.There is no fresh issue component, which means the company itself will not receive any funds from the IPO.All proceeds from the issue wil…