New Delhi, Jan. 8 -- The first initial public offering (IPO) of 2026 by Mini Ratna public sector undertaking - Bharat Coking Coal Limited (BCCL) - is set to hit Dalal Street on Friday, January 9, in a bid to raise Rs.1,071 crore. The public offering of BCCL will test the investor appetite for PSU stocks and is part of the government's broader divestment push.

BCCL IPO is entirely an offer for sale (OFS) by its promoter Coal India, which is looking to offload 46.57 crore shares. No proceeds will be received by the company from the IPO.

The BCCL IPO price band has been fixed at Rs.21 to Rs.23 per share, valuing the company at Rs.10,700 crore at the upper end of the price band. The anchor book for BCCL IPO will open on January 8. Retail in...