Bharat Coking Coal Ltd. (BCCL) , a Coal India subsidiary, is set to raise ₹1,071.11 crore from primary markets.
The initial public offer (IPO) is entirely an offer for sale. The company has fixed a price band of ₹21 to ₹23 a share. The issue would open on January 9 and close January 13.
The shares can be bought in lots of 600 and in multiples of 600 thereof. Half of the 46.5 crore shares will be offered to qualified institutional buyers, 35% to retail investors and the rest to non-institutional investors.
BCCL is a 54-year-old company that produces coking coal, non-coking coal and washed coal. The company has about 26 operational mines.
Published – January 05, 2026 09:38 pm IST
Source: https://www.thehindu.com/business/bharat-coking-coal-sets-ipo-price-band-at-21-to-23-a-share/article70474657.ece
