Bharat Coking Coal IPO: Coal India arm to launch IPO on January 9. Test GMP, value, different particulars

The preliminary public provide (IPO) of Bharat Coking Coal Restricted (BCCL) will open for bidding on Friday, January 8 and shut on January, 13. The Rs 1,300 crore problem will totally be a suggestion on the market (OFS) the place promoter Coal India (CIL) will offload as much as 46.57 crore fairness shares.

The anchor investor bidding will open on Thursday, January 8.

The corporate will announce the difficulty value band on Monday, January 5.

About Bharat Coking Coal

Integrated in 1972, BCCL is India’s largest coking coal producer and one of many nation’s largest coking coal reserve holders with roughly 7,910 million tonnes of estimated reserves as of April 1, 2024. The corporate is a wholly-owned subsidiary of CIL and was conferred a ‘Mini Ratna standing in 2014.

BCCL’s operations are concentrated within the Jharia coalfields of Jharkhand and Raniganj coalfields of West Bengal.

BCCL’s financials

BCCL reported a web revenue of Rs 1,240 crore for the monetary 12 months ended March 31, 2025 in comparison with Rs 1,564 crore in FY24 and Rs 665 crore in FY23. For H1FY26, the revenue after tax (PAT) was reported at Rs 124 crore, down from Rs 749 crore within the 12 months in the past interval.The corporate’s complete income from operations for FY25 stood at Rs 13,803 crore in comparison with Rs 14,246 crore in FY24 and Rs 12,624 crore in FY23. The corporate’s topline was reported at Rs 5,659 crore in H1FY26 in comparison with Rs 6,846 crore in H1FY25.

The corporate has constantly expanded its manufacturing capability via strategic deployment of heavy earth-moving equipment (HEMM) and achieved a report coking coal manufacturing of 39.11 million tonnes in Fiscal 2024, sustaining a gentle progress trajectory with a CAGR of 5.80% in coking coal manufacturing from Fiscal 2023 to Fiscal 2025.

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Bharat Coking Coal IPO lead managers

The Guide Working Lead Managers (BRLMs) to the difficulty are IDBI Capital Markets & Securities and ICICI Securities Restricted whereas the registrar is KFin Applied sciences Restricted.

Bharat Coking Coal IPO

The gray market premium (GMP) continues to be not open.

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