Bharat Coking Coal
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 19 Jan 2026 | ₹18.5 | +80.43% | ₹8,400 | ₹41.5 | ₹11,100 |
| 18 Jan 2026 | ₹13.5 | +58.70% | ₹6,200 | ₹36.5 | ₹8,100 |
| 17 Jan 2026 | ₹12.4 | +53.91% | ₹5,700 | ₹35.4 | ₹7,440 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 09 Jan 2026 – 13 Jan 2026
- Listing date
- 19 Jan 2026
- Face value
- ₹10 per share
- Issue price
- ₹23 per share
- Lot size
- 600 shares
- Issue type
- Book Building issue
- Listing at
- NSE
- Total issue size
- ₹1,069 Cr
- Market cap at offer price
- ₹10,711 Cr
- Promoter holding
- 100.00% → 90.00% pre-issue → post-issue
- ISIN
- INE05XR01022
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- IDBI Capital Markets Services Ltd.
- Registered office
- Koyla Bhawan, Koyla, Nagar, Jharkhand
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 11,87,53,500 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 600 shares per lot, in multiples, at ₹23
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹13,800 |
| Retail (max) | 14 | 8,400 | ₹1,93,200 |
| S-HNI (min) | 15 | 9,000 | ₹2,07,000 |
| S-HNI (max) | 72 | 43,200 | ₹9,93,600 |
| B-HNI (min) | 73 | 43,800 | ₹10,07,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹23 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 2.66 | 0.53 |
| P/E (×) | 8.65 | 43.40 |
| Price to book (×) | 1.63 | — |
| Market cap | — | ₹10,711 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 20.83%
- ROCE
- 30.13%
- PAT margin
- 8.61%
- EBITDA margin
- 16.36%
- NAV per share
- ₹14.07
- Price to book
- 1.63
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.