New Delhi, Jan. 9 -- The initial public offering (IPO) of Bharat Coking Coal Ltd. has hit the Indian Primary market today and will remain open until January 13, 2026. The subsidiary company of the Indian PSU Coal India Ltd has declared the Bharat Coking Coal IPO price band at Rs.21 to Rs.23 per equity share. The energy PSU aims to raise Rs.1,071 crore through the Offer for Sale (OFS) route. The OFS issue is proposed for listing on the BSE and the NSE.

Meanwhile, shares of Bharat Coking Coal are available in the grey market. According to the market observers, Bharat Coking Coal shares are available at a premium of Rs.11 apiece, which means Bharat Coking Coal IPO GMP today is Rs.11 and the grey market is expecting that Bharat Coking Coal I...