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January 05, 2026

Bharat Coking Coal fixes IPO price band at Rs 21-Rs 23 per share for Rs 1,071 cr issue

Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India Limited, is set to launch the first mainboard initial public offering (IPO) of 2026, with a price band of Rs 21 to Rs 23 per equity share.The offer is a pure offer-for-sale (OFS) of up to 46.57 crore equity shares of face value Rs 10 each by Coal India Limited, valuing the IPO at Rs 1,071 crore. With this, BCCL’s equity shares will be listed on the main board platforms of both the BSE and NSE.Anchor investor bidding will open on Thursday, January 8, while the IPO will open for public subscription on Friday, January 9, and close on Tuesday, January 13. The company is offering a discount of Rs 1 per share to eligible employees participating under the employee reservation portion.Bharat Coking Coal IPO size and valua

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