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.

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

Listingprice

₹ 45

ListingGain

95.65%

Listing Date

2026-01-16

CMP

₹ 40.71

Current Return

77.00%

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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 6567.29 10127.86 13296.73 14045.34 13998.45
Total Expenditure 8189.32 9995.29 12799.93 12343.81 13013.77
Operating Profit -1622.03 132.57 496.8 1701.53 984.68
Other Income 375.45 451.97 394.51 792.36 1371.38
Interest 121.69 77.75 55.69 61.83 72.49
Depreciation 208.79 315.48 305.43 340.39 580.68
Exceptional Items 0 0 0 0 0
Profit Before Tax -1577.06 191.31 530.19 2091.67 1702.89
Provision for Tax -374.58 79.69 -134.59 527.21 462.7
Net Profit -1202.48 111.62 664.78 1564.46 1240.19
Adjusted EPS (Rs.) -0.26 0.02 0.14 0.34 0.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 4657 4657 4657 4657 4657
Total Reserves -1568.19 -1383.23 -853.1 664.72 1805.73
Borrowings 0 0 0 0 0
Other N/C liabilities 997.58 1582.88 1641.15 2659.96 3068.81
Current liabilities 7370.68 5442.24 6819.54 6028.97 7189.11
Total Liabilities 11457.07 10298.89 12264.59 14010.65 16720.65
Assets
Net Block 2302.74 2498.86 3078.85 3614.52 4501.72
Capital WIP 1389.92 1447.35 1299.83 1367.81 1616.78
Intangible WIP 0 18.58 0 0 0
Investments 0 0 0 0 0
Loans & Advances 132.64 127.22 382.02 669.94 836.81
Other N/C Assets 753.15 829.87 944.69 1073.58 1224.74
Current Assets 6878.62 5377.01 6559.2 7284.8 8540.6
Total Assets 11457.07 10298.89 12264.59 14010.65 16720.65
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -1577.06 191.31 530.19 2091.67 1702.89
Adjustment 35.85 162.54 750.37 -172.73 -227.07
Changes in Assets & Liabilities -706.74 2975.1 436.66 -505.19 663.21
Tax Paid -54.59 -28.72 -18.44 -114.61 -385.72
Operating Cash Flow -2302.54 3300.23 1698.78 1299.14 1753.31
Investing Cash Flow 969.59 -582.07 -1686.52 -1485.61 -1736.19
Financing Cash Flow 1930.39 -2149.5 -42.97 -73.84 -132.46
Net Cash Flow 597.44 568.66 -30.71 -260.31 -115.34
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