Bharat Coking Coal makes bumper debut, lists at nearly twice IPO price, ETEnergyworld

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<p>The IPO marked the first major public issue on the mainboard in 2026.<br></p> — The IPO marked the first major public issue on the mainboard in 2026.

Shares of Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, made a strong debut on the stock exchanges on Monday, listing at a premium of 96.5 per cent over the issue price.

On the BSE, the stock opened at ₹45.21, up 96.56 per cent from the IPO price of ₹23 per share.

It debuted at ₹45 on the NSE, up 95.65 per cent from the issue price. Following the listing, the company’s market capitalisation stood at ₹19,456.95 crore.

The ₹1,071-crore initial public offering, with a price band of ₹21–23 per share, was subscribed 146.81 times on the final day of bidding last week, driven by strong investor participation. The issue was fully subscribed within minutes of opening on January 9.

The IPO marked the first major public issue on the mainboard in 2026.

At 11:28 AM, the share was trading at ₹42.7 apience on the BSE.

Incorporated in 1972, Bharat Coking Coal Ltd is engaged in mining and supplying coking coal, with operations concentrated in the Jharia coalfields of Jharkhand and the Raniganj coalfields of West Bengal.