New Delhi, Jan. 9 -- The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) witnessed a solid response from investors on the first day of bidding as it sailed through within minutes of opening today, January 9.

At the end Day 1, BCCL IPO was subscribed over 8 times. Investors have the scope till January 13 to apply for the PSU IPO. BCCL also marks the first mainboard public offering of 2026 after a record-breaking primary market activity last year.

In 2025, companies raised the highest-ever funds of nearly Rs.1.76 lakh crore through IPOs.

The demand for BCCL IPO remained strong from all quotas, with the qualified institutional segment (QIB) booked 30%. The non-institutional investor (NII) and retail investor quotas garn...