Bharat Coking Coal IPO Receives Blockbuster Response, Subscribed 146.84x on Day 3

Bharat Coking Coal Limited's initial public offering (IPO) has demonstrated blockbuster investor interest through its third and final day of subscription. The stock price band is set at ₹21-23 per share. The ₹1,071.11 crore IPO reached 146.84 times by 4:59:54 PM on day three.

Bharat Coking Coal IPO subscription reached blockbuster 146.84 times on day three. It was led by Qualified Institutional Buyers Ex-Anchor (310.81x), Non-Institutional Investors (258.02x), and Shareholders (87.19x). 

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Subscription Status of Bharat Coking Coal IPO:

Here are the subscription details for Bharat Coking Coal IPO as of Day 3 (January 13, 2026, 4:59:54 PM):

Key Highlights - Day 3:

• Overall subscription reached blockbuster 146.84 times, showing extraordinary improvement from day two's 33.89 times
• Qualified institutional buyers (ex-anchor) displaying blockbuster performance at 310.81 times, building dramatically from day two's 1.44 times.
• Non-institutional investors displaying blockbuster interest at 258.02 times, building substantially from day two's 96.68 times, indicating extraordinary HNI demand
• Shareholders displaying exceptional participation at 87.19 times, building substantially from day two's 44.27 times, indicating very strong interest from Coal India shareholders

Bharat Coking Coal IPO - Day 2 Subscription at 33.89 Times

Key Highlights - Day 2:

• Overall subscription reached exceptional 33.89 times, showing extraordinary improvement from day one's 8.18 times
• Non-institutional investors displaying exceptional interest at 96.68 times, building dramatically from day one's 16.45 times
• Shareholders displaying exceptional participation at 44.27 times, building substantially from day one's 10.95 times
• Retail investors showing exceptional confidence at 27.28 times, building substantially from day one's 9.45 times

Bharat Coking Coal IPO - Day 1 Subscription at 8.18 Times

Key Highlights - Day 1:

• Overall subscription reached strong 8.18 times, showing healthy initial investor interest for this mainboard IPO
• Non-institutional investors displaying exceptional interest at 16.45 times, indicating strong HNI demand
• Shareholders displaying strong participation at 10.95 times.
• Retail investors showing exceptional confidence at 9.45 times.
• Employees showing weak participation at 0.85 times.
   

About Bharat Coking Coal Limited

Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India Limited. As of September 30, 2025, the company operates a network of 34 operational mines, including four underground, 26 opencast, and four mixed mines. The company's primary product is coking coal, catering to the steel and power industries. As of April 1, 2024, BCCL has an estimated coking coal reserve of approximately 7,910 million tonnes. In Fiscal 2025, BCCL accounted for 58.50% of the total domestic coking coal production in India.