
Bharat Coking Coal IPO Description – Incorporated in 1972, Bharat Coking Coal is India’s largest coking coal producer and a wholly-owned subsidiary of Coal India (CIL). The company accounted for 58.50% of domestic coking coal production in Fiscal 2025 and holds approximately 7.91 billion tonnes of coking coal reserves as of 1 April 2024, positioning it as the only prime coking coal source in the country. Conferred with Mini Ratna status in 2014, the company operates primarily in the Jharia (252.88 sq. km.) and Raniganj (35.43 sq. km.) coalfields, covering a total leasehold area of 288.31 sq. km. In Fiscal 2025, coking coal production stood at 38.89 million tonnes (96.02% of total production), while non-coking coal output was 1.61 million tonnes.
It operates 32 mines (25 opencast, 3 underground, and 4 mixed mines) and recorded a raw coal offtake of 38.26 million tonnes in Fiscal 2025. The power industry remains the largest consumer, accounting for 77.61% of offtake, followed by own washeries (14.94%) and the steel sector (2.21%). Bharat Coking Coal runs five washeries with a capacity of 13.65 MTPA, achieving its highest washed coking coal output in 17 years during Fiscal 2025, supporting import substitution under the Atma-Nirbhar Bharat initiative.
Ongoing expansion includes construction and modernization of washeries with a sanctioned investment of over INR 1,159.8 crore, such as the 2.5 MTPA Patherdih-II and 2.5 MTPA Moonidih projects. As of 30 September 2025, it employed 31,389 personnel, including 1,811 executives and 29,578 non-executives.

Promoters of Bharat Coking Coal – President Of India, Acting Through The Ministry Of Coal, Government Of India and Coal India Limited
Table of Contents
Bharat Coking Coal IPO Details
| Bharat Coking Coal IPO Dates | 9 – 13 January 2026 |
| Bharat Coking Coal Issue Price | Coming soon |
| Fresh issue | Nil |
| Offer For Sale | 46,57,00,000 shares |
| Total IPO size | 46,57,00,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Shareholder Quota | 10% |
| Employee Quota | 5% |
| Listing On | BSE, NSE |
Bharat Coking Coal Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 13,296.73 | 14,045.34 | 13,998.45 | 5,659.02 |
| Expenses | 13,161.05 | 12,360.34 | 12,894.64 | 6,112.17 |
| Net income | 664.78 | 1,564.46 | 1,240.19 | 123.88 |
| Margin (%) | 5.00 | 11.14 | 8.86 | 2.08 |
Bharat Coking Coal Offer News
- Bharat Coking Coal RHP
- Bharat Coking Coal DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Bharat Coking Coal Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 1.43 | 3.36 | 2.66 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 19.22 | 34.21 | 20.83 |
| NAV | 8.14 | 11.50 | 14.07 |
| ROCE (%) | 16.56 | 47.20 | 30.13 |
| EBITDA (%) | 6.85 | 17.02 | 16.36 |
Bharat Coking Coal IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| Coming soon | – | – |
Bharat Coking Coal IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Bharat Coking Coal – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Bharat Coking Coal | – | 2.66 | 20.83 | 14.07 | 13,802.55 |
| Alpha Metallurgical Resources | 14.87 | 1,233.78 | 11.48 | 11,182.10 | 25,320.27 |
| Warrior Met Coal | 19.44 | 410.12 | 12.82 | 3,423.71 | 13,058.93 |
Bharat Coking Coal IPO Allotment Status
Bharat Coking Coal IPO allotment status will be available on KFin Technologies website. Click on this link to get the allotment status.
Bharat Coking Coal IPO Dates & Listing Performance
| IPO Opening Date | 9 January 2026 |
| IPO Closing Date | 13 January 2026 |
| Finalization of Basis of Allotment | 14 January 2026 |
| Initiation of refunds | 15 January 2026 |
| Transfer of shares to demat accounts | 15 January 2026 |
| Bharat Coking Coal IPO Listing Date | 16 January 2026 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Bharat Coking Coal IPO Reviews – Subscribe or Avoid?
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Bharat Coking Coal IPO Lead Manager
IDBI CAPITAL MARKETS & SECURITIES LIMITED
6th Floor, IDBI Tower WTC Complex, Cuffe Parade,
Mumbai – 400 005
Phone: +91 22 40691953
Email: [email protected]
Website: www.idbicapital.com
Bharat Coking Coal Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad – 500 032
Phone: +91 40 6716 2222/18003094001
Email: [email protected]
Website: www.kfintech.com
Bharat Coking Coal Contact Details
BHARAT COKING COAL LIMITED
Koyla Bhawan, Koyla Nagar, Dhanbad, Jharkhand, India – 826005
Phone: 0326-2230190
Email: [email protected]
Website: www.bcclweb.in
Bharat Coking Coal IPO FAQs
How many shares in the Bharat Coking Coal IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Bharat Coking Coal Public Offer?
The best way to apply for Bharat Coking Coal public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Bharat Coking Coal IPO GMP today?
Bharat Coking Coal IPO GMP today is INR NA per share.
What is the Bharat Coking Coal kostak rate today?
Bharat Coking Coal kostak rate today is INR NA per application.
What is Bharat Coking Coal Subject to Sauda rate today?
Bharat Coking Coal Subject to Sauda rate today is INR NA per application.







































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