January 9, 2026
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Bharat Coking Coal IPO subscribed 8.09 times on day one, led by strong retail and non-institutional demand.
Bharat Coking Coal's IPO was subscribed 8.09 times on day one with bids for 280,61,36,400 shares against 34,69,46,500 offered; retail 9.26x, non-institutional 16.39x, shareholder-reserved 10.86x, employee 0.83x, and QIBs 0.30x. The issue opened January 9, closes January 13, raised Rs 273.1 crore from anchor investors, is priced at about 9x P/E and 2x P/B at the top of the band, and is an offer for sale to raise Rs 1,071 crore for Coal India.