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Bharat Coking Coal's IPO launches Jan. 9, 2026, raising funds for Coal India with no proceeds to BCCL.
Bharat Coking Coal, India’s largest coking coal producer and a Coal India subsidiary, is set to launch its IPO on January 9, 2026, as an offer-for-sale of 46.57 crore shares, representing 10% of its paid-up capital.
The IPO, managed by IDBI Capital and ICICI Securities, will raise funds for Coal India, with no proceeds going to BCCL.
Public subscription runs January 9–13, with allotment expected January 14 and listing on BSE and NSE January 16.
The issue includes reservations for employees and existing Coal India shareholders.
BCCL reported a net profit of Rs 1,240 crore in FY25, down from Rs 1,564 crore the prior year, with FY24 production at a record 39.11 million tonnes.
La IPO de Bharat Coking Coal se lanza el 9 de enero de 2026, recaudando fondos para Coal India sin ingresos para BCCL.