Miniratna company Bharat Coking Coal has made investors rich on the very first day. There has been a bumper listing of the company’s shares in the market. Shares of Bharat Coking Coal were listed at Rs 45.21 on BSE on Monday with a gain of 96.57 percent. At the same time, shares of Bharat Coking Coal are listed on the National Stock Exchange (NSE) at Rs 45 with a gain of 95.65 percent. The share price of Bharat Coking Coal in IPO was Rs 23. Bharat Coking Coal’s IPO was open for betting on January 9 and it remained open till January 13.
Shares fell after listing
After the tremendous listing, there has been selling pressure on the shares of Bharat Coking Coal. Shares of Bharat Coking Coal fell more than 10 percent to Rs 40.17 on BSE. At the same time, on the National Stock Exchange, the company’s shares are trading at Rs 40.22 with a decline of more than 9 percent.
Bets placed on IPO more than 143 times
Total bets on Bharat Coking Coal IPO were 143.85 times. The company’s IPO received 49.37 times subscription in the category of general investors. Whereas, the quota of employees and shareholders was subscribed 5.17 times and 87.20 times respectively. Bharat Coking Coal’s IPO received 240.49 times subscription in the category of non-institutional investors. At the same time, there were 310.81 times bets in the Qualified Institutional Buyers (QIB) category. The total size of Bharat Coking Coal’s IPO was up to Rs 1071 crore.
what does the company do
Bharat Coking Coal was started in the year 1972. The company is active in the production of coking coal, non-coking coal and washed coal. Bharat Coking Coal is a wholly owned subsidiary of Maharatna company Coal India Limited. According to data as of September 30, 2025, the company operates a network of 34 operational mines.
