Bharat Coking Coal Limited's IPO is set to open soon, with a price band of Rs 21 to Rs 23 per share. The lot size is 600 shares, requiring retail investors to invest at least Rs 13,800 for one lot. This marks the first mainboard IPO of 2026 for the Coal India subsidiary.
Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, is preparing to launch its IPO soon. The company has set the price band at Rs 21 to Rs 23 per share. The lot size is fixed at 600 shares, meaning retail investors need to invest a minimum of Rs 13,800 for one lot based on the upper price band.
This IPO is positioned as the first mainboard offering of 2026. Interest among investors centers on the grey market premium (GMP), though specific updates are not detailed in available reports. BCCL plays a key role in coking coal production, and the IPO represents a significant step for the company's expansion.
Investors are tracking details such as the listing date and potential profits.
