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Bharat Coking Coal
Price Band
₹21.0–23.0
Issue Size
₹1068.78 Cr
Lot Size
600 shares
Min Investment
₹13,800
GMP
+₹18.5 (80.43%)
Issue Price
₹23.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
+₹18.5
GMP %
+80.43%
Est. Listing
₹41.5
schedule Updated: 14 Jul 2026 15:53
Share GMP:
business About the Company
Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India Limited. As of September 30, 2025, the company operates a network of 34 operational mines, including four underground, 26 opencast, and four mixed mines. The company's primary product is coking coal, catering to the steel and power industries. As of April 1, 2024, BCCL has an estimated coking coal reserve of approximately 7,910 million tonnes. In Fiscal 2025, BCCL accounted for 58.50% of the total domestic coking coal production in India. The company operates across Jharia, Jharkhand, and Raniganj, West Bengal, covering a total leasehold area of 288.31 square kilometres. The company's operations include opencast and underground mining projects, coal washeries, monetisation of idle washeries through the Washery Developer and Operator (WDO) model, reopening discontinued underground mines through the Mine Developer and Operator (MDO) model, and solar power project monetisation through self-consumption and grid injection. The company's coal production increased from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025. In Fiscal 2024, the company produced 39.11 million tonnes of coking coal and 1.99 million tonnes of non-coking coal. Competitive Strenghts ## Largest coking coal producer in India with access to large reserves. Strategically located mines with large washeries. Well-positioned to capitalise on demand for coking coal in India. Strong parentage of Coal India Limited. Consistent track record of growth and financial performance.
payments Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 18,711.13 | 17,283.48 | 14,727.73 | 13,312.86 |
| Total Income | 6,311.51 | 14,401.63 | 14,652.53 | 13,018.57 |
| Profit After Tax | 123.88 | 1,240.19 | 1,564.46 | 664.78 |
| EBITDA | 459.93 | 2,356.06 | 2,493.89 | 891.31 |
| NET Worth | 5,830.89 | 6,551.23 | 5,355.47 | 3,791.01 |
| Reserves and Surplus | 1,006.52 | 1,805.73 | 664.72 | -853.10 |
| Total Borrowing | 1,559.13 |
Key Ratios
EPS
₹2.66
NAV
₹14.07
ROCE
30.13%
RoNW
20.83%
P/B Value
1.63
P/E Ratio
8.64
Market Cap
₹10711.10 Cr
PAT Margin
8.61%
Promoters
President of India
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Achieve the benefits of listing the Equity Shares on the Stock Exchange
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
09 Jan 2026
Close
13 Jan 2026
Allotment
14 Jan 2026
Listing
19 Jan 2026