Bharat Coking Coal IPO

The Bharat Coking Coal IPO is a book-built issue of Rs 1,071.11 crore, entirely an offer for sale of 46.57 crore shares, opening for subscription from Jan 9 to Jan 13, 2026, with allotment expected on Jan 14 and a tentative listing on BSE and NSE on Jan 16, 2026. The IPO’s price band is Rs 21 to Rs 23 per share, with a lot size of 600 shares, requiring a minimum retail investment of Rs 13,800, while sNII investors must apply for 15 lots (9,000 shares) amounting to Rs 2,07,000, and bNII investors for 73 lots (43,800 shares) amounting to Rs 10,07,400. IDBI Capital Markets Services Ltd. is the lead manager, and Kfin Technologies Ltd. is the registrar for the issue.

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Bharat Coking Coal IPO Details

Check out the issue details for Bharat Coking Coal IPO as disclosed in SEBI.

IPO Price

₹ 23

Price Band

₹ 21 - 23

Issue Size

1,071.00 Cr.

Issue Type

Book Built

Open

2026-01-09

Close

2026-01-13

Listing price

₹ 45

Listing Gain

95.65%

Listing Date

2026-01-16

CMP

₹ 31.38

Current Return

36.43%

Bharat Coking Coal News

Bharat Coking Coal jumps on getting nod to rationalise basic prices of certain grades of Raw Coking Coal14 Oct 2026, 3:03PM Bharat Coking Coal gets nod to rationalise basic prices of certain grades of Raw Coking Coal14 Oct 2026, 2:58PM Bharat Coking Coal informs about change in management 24 Sep 2026, 5:32PM Bharat Coking Coal informs about change in management2 Sep 2026, 4:42PM Bharat Coking Coal informs about recording of AGM11 Aug 2026, 11:08AM Bharat Coking Coal - Quaterly Results23 Jul 2026, 12:00AM Bharat Coking Coal informs about financial results22 Jul 2026, 2:55PM Bharat Coking Coal informs about outcome of board meeting22 Jul 2026, 10:07AM Bharat Coking Coal informs about press release17 Jul 2026, 5:28PM Bharat Coking Coal informs about change in senior management1 Jul 2026, 2:19PM Bharat Coking Coal informs about press release18 Jun 2026, 4:17PM Bharat Coking Coal informs about implementation of interim measures 5 Jun 2026, 9:34AM Bharat Coking Coal starts commercial operation of 2 MTPA Bhojudih Coal Washery27 May 2026, 3:19PM Bharat Coking Coal informs about change in management 30 Apr 2026, 4:22PM Bharat Coking Coal informs about disclosure 30 Apr 2026, 2:38PM Bharat Coking Coal - Quaterly Results4 Feb 2026, 12:00AM Bharat Coking Coal lists at 96% premium on the BSE19 Jan 2026, 10:38AM Bharat Coking Coal coming with IPO to raise upto Rs 1071 crore7 Jan 2026, 3:23PM Bharat Coking Coal gets SEBI’s nod for IPO 23 Sep 2025, 2:42PM Bharat Coking Coal files DRHP with SEBI2 Jun 2025, 12:10PM

Company Financials

You can get the following financial statements of Bharat Coking Coal as of now.

Bharat Coking Coal IPO Details

The details about the Bharat Coking Coal IPO are as follows:

  • The issue size of the IPO is Rs 1,071.11 Cr.
  • The price band for Bharat Coking Coal IPO is Rs 21 to Rs 23.
  • The shares of Bharat Coking Coal IPO will list on BSE and NSE.
  • The latest tentative GMP of Bharat Coking Coal IPO is Rs 10.30.
  • The shares of Bharat Coking Coal IPO are subscribed 146.38 Times.

 

Bharat Coking Coal IPO Valuation

The approximate valuation of Bharat Coking Coal IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 23
Existing Shares (Qty) 465.7 Cr
Market Cap Rs 10711.1 Cr
EPS (FY25) Rs 2.66
PE Ratio 8.64x
Industry PE 17.16x

 

Bharat Coking Coal IPO Issue Size

Bharat Coking Coal IPO issue size is Rs 1,071.11 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 1,071.11 Cr

 

Bharat Coking Coal IPO Market Lot

An individual can apply for a minimum of 1 lot of 600 shares and a maximum of 14 lots (8,400 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 600 Rs 13,800
Retail Maximum 14 8,400 Rs 1,93,200

 

Bharat Coking Coal IPO Share Offer

The shares of Bharat Coking Coal IPO are subscribed 146.38 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Bharat Coking Coal IPO GMP (Grey Market Premium)

As on GMP (Tentative)
12 January 2026 Rs 10.30

Bharat Coking Coal IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Bharat Coking Coal IPO Dates

Find below the dates for Bharat Coking Coal IPO

Schedule Date
Basis of Allotment 14 Jan 2026
Refunds 15 Jan 2026
Credit to Demat Account 15 Jan 2026
IPO Listing Date 16 Jan 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 10127.86 13296.73 14045.34 15917.21 13644.78
Total Expenditure 9995.29 12799.93 12343.81 14932.53 14956.82
Operating Profit 132.57 496.8 1701.53 984.68 -1312.04
Other Income 451.97 394.51 792.36 1371.38 2097.42
Interest 77.75 55.69 61.83 72.49 158.64
Depreciation 315.48 305.43 340.39 580.68 477.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 191.31 530.19 2091.67 1702.89 149.18
Provision for Tax 79.69 -134.59 527.21 462.7 20.9
Net Profit 111.62 664.78 1564.46 1240.19 128.28
Adjusted EPS (Rs.) 0.02 0.14 0.34 0.27 0.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 4657 4657 4657 4657 4657
Total Reserves -1383.23 -853.1 664.72 1805.73 1121.8
Borrowings 0 0 0 0 0
Other N/C liabilities 1582.88 1641.15 2659.96 3068.81 3511.59
Current liabilities 5442.24 6819.54 6028.97 7189.11 10763.8
Total Liabilities 10298.89 12264.59 14010.65 16720.65 20054.19
Assets
Net Block 2498.86 3078.85 3614.52 4501.72 5325.84
Capital WIP 1447.35 1299.83 1367.81 1616.78 1874.27
Intangible WIP 18.58 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 127.22 382.02 669.94 836.81 1185.39
Other N/C Assets 829.87 944.69 1073.58 1224.74 1638.86
Current Assets 5377.01 6559.2 7284.8 8540.6 10029.83
Total Assets 10298.89 12264.59 14010.65 16720.65 20054.19
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2025 Mar 2026 Jun 2026
Other Income 70.44 556.55 135.97
Profit Before Tax -69.1 18.94 -103.07
Tax -46.22 -8.34 -34.98
Profit After Tax -22.88 27.28 -68.09
Adjusted EPS (Rs) -0.05 0.06 -0.15

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 90 0
Mar 2026 90 0
Jan 2026 90 0
Dec 2025 0 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 191.31 530.19 2091.67 1702.89 149.18
Adjustment 162.54 750.37 -172.73 -227.07 -854.96
Changes in Assets & Liabilities 2975.1 436.66 -505.19 -488.46 -118.32
Tax Paid -28.72 -18.44 -114.61 -360.45 183.46
Operating Cash Flow 3300.23 1698.78 1299.14 626.91 -640.64
Investing Cash Flow -582.07 -1686.52 -1485.61 -822.8 -309.59
Financing Cash Flow -2149.5 -42.97 -73.84 37.12 1149.78
Net Cash Flow 568.66 -30.71 -260.31 -158.77 199.55
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