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Home
InvestmentsIPOBharat Coking Coal IPO

Bharat Coking Coal IPO

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Open Date

9 Jan 2026

Close Date

13 Jan 2026

Min Investment

₹ 12,600

Max Investment

₹ 5,00,000

Lot Size

600

Issue Size

₹ 1071.11 Cr

Price Range

₹ 21 - ₹ 23
status

IPO Closed Now.

IPO Timeline
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IPO Offer Start
9 Jan 2026
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IPO Offer Ends
13 Jan 2026
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Allotment Finalisation
14 Jan 2026
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Refund Initialisation
16 Jan 2026
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Non-Institutional Buyers (sHNI)
16 Jan 2026
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Listing of Shares
19 Jan 2026
IPO Subscription Details as on 17 Jan 2026, 08:05 PM
Qualified Instituational Buyers (QiB)
310.81 x
Retail
49.06 x
Employees
5.16 x
Total
155.94 x
Non-Institutional Buyer (bHNI)
275.64 x
Non-Institutional Buyer (sHNI)
222.55 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Bharat Coking Coal Limited is India's largest coking coal producer, accounting for 58.50% of domestic coking coal production in Fiscal 2025. The company is a wholly-owned subsidiary of Coal India Limited with Mini Ratna status, operating 34 mines across Jharia and Raniganj coalfields with estimated reserves of approximately 7,910 million tonnes. The company produces various grades of coking coal, non-coking coal and washed coals primarily for steel and power industries, operating five coal washeries and expanding washery capacity to enhance coal quality and support import substitution initiatives.
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Founded In

1972

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CEO

Manoj Kumar Agarwal

Financials of Bharat Coking Coal IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue12,624.0614,245.8613,802.55
Other Income394.51406.67599.08
Total Income
13,018.5714,652.5314,401.63
Total Expenses
12,488.3812,560.8612,698.74
Profit Before Tax530.192,091.671,702.89
Total Profit
664.781,564.461,240.19

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company is conducting an Offer for Sale of up to Equity Shares of face value of Rs 10 each by the Promoter Selling Shareholder. The company will not receive any proceeds from this offer as all proceeds will go to the Promoter Selling Shareholder.-
The company aims to achieve the benefits of listing the Equity Shares on the Stock Exchanges. The listing is expected to enhance the company's visibility and brand image and provide liquidity and a public market for the Equity Shares in India.-
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  • Largest coking coal producer in India with access to large reserves: The company is the largest coking coal producer in India in Fiscal 2025, accounting for 58.50% of domestic coking coal production with 7.91 billion tonnes of coking coal resources as of April 1, 2024, making it the only source of prime coking coal in India.
  • Strategically located mines with large washeries: The company's mines are strategically located in Jharia and Raniganj coalfields with market-leading coking coal washery capacity of 13.65 million tonnes per annum, providing operational efficiency and cost advantages.
  • Well positioned to capitalize on demand for coking coal in India: The company is positioned to benefit from rising coking coal demand expected to reach 138 million metric tonnes by Fiscal 2035, driven by steel industry growth and supported by large resource base and strategic location.
  • Strong parentage of Coal India Limited: The company benefits from Coal India Limited's support as the world's largest coal producing company, providing access to advanced technologies, skilled professionals, robust financial backing, and enhanced market credibility.
  • Consistent track record of growth and financial performance: The company maintains strong financial stability with no long-term debt, effective cost management strategies, and demonstrated ability to achieve targets while maintaining healthy profit margins despite market fluctuations.
  • Experienced management team supported by committed employee base: The company has experienced management with vast expertise in mining operations and 31,389 employees as of September 30, 2025, including 1,811 executives and 29,578 non-executive employees with relevant industry experience.

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