Mumbai, Jan. 14 -- The initial public offer (IPO) of Bharat Coking Coal (BCCL) received bids for 50,95,55,58,000 shares as against 34,69,46,500 shares on offer. The issue was subscribed 146.87 times.
The Qualified Institutional Buyers (QIB) category was subscribed 310.81 times, the Non-Institutional Investors category was subscribed 258.16 times, and the Retail Individual Investors category was subscribed 49.33 times.
The issue opened for bidding on 9 January 2026, and it closed on 13 January 2026. The price band of the IPO is fixed between Rs 21 and 23 per share.
The offer had been a pure offer-for-sale (OFS) of up to 46.57 crore equity shares of face value Rs 10 each by Coal India. At the upper price band of Rs 23 per equity share, C...
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