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Bharat Coking Coal Limited made a stellar stock market debut as its shares listed on the BSE at a 96.5% premium. The ₹1,071 crore IPO was subscribed 146.87 times, reflecting strong investor confidence.
BCCL Shares Make Strong Debut on Bombay Stock Exchange
Mumbai: Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, was successfully listed on the Bombay Stock Exchange (BSE) on January 19, 2026. The company’s shares debuted with an impressive 96.5 percent premium, reflecting strong investor confidence. The issue price of the shares was set at ₹23 per share, while the stock opened at ₹45.21, marking a remarkable market debut.
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The listing was initially scheduled for January 16, but it was postponed due to the closure of banks and stock markets during the Brihanmumbai Municipal Corporation (BMC) elections in Mumbai. Following the delay, the shares were officially listed on January 19.
Manoj Kumar Agrawal expressed gratitude to investors
BCCL’s initial public offering (IPO) witnessed an extraordinary response from investors across all categories. The ₹1,071 crore mainboard IPO was subscribed a massive 146.87 times, demonstrating overwhelming demand. Retail investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors all showed strong participation, highlighting widespread market confidence in the company’s future growth prospects.
The exceptional subscription levels underscore investors’ trust in BCCL’s operational strength, strategic importance, and long-term business potential.
The listing ceremony held in Mumbai was attended by senior company officials and dignitaries. Key attendees included BCCL Chairman and Managing Director (CMD) Manoj Kumar Agrawal, Director (Human Resources) Murali Krishna Ramaiya, Director (Technical/Operations) Sanjay Kumar Singh, Director (Technical/Projects & Planning) Niladri Roy, Officer on Special Duty (Finance) Rajesh Kumar, and Company Secretary B.K. Parui.
Successful Listing on BSE
Addressing the gathering, CMD Manoj Kumar Agrawal expressed gratitude to investors for their trust and support. He described the listing as a significant milestone for BCCL and reaffirmed the company’s commitment to sustained growth, operational excellence, and value creation for stakeholders.
BCCL is one of India’s leading producers of coking coal, a critical raw material for the steel industry. The company plays a vital role in supplying high-quality coking coal to steel manufacturers and other industrial sectors. It was awarded Miniratna status in 2014, recognizing its operational efficiency and financial performance.
BCCL holds substantial coking coal reserves in the Jharia, Raniganj, and Dhanbad regions, which form the backbone of India’s steel production ecosystem. With its strong resource base and strategic importance, the company is well-positioned to contribute significantly to India’s industrial growth.
The strong listing of BCCL on the BSE marks a landmark moment for the company and reinforces investor confidence in India’s public sector enterprises. The exceptional subscription and premium listing signal optimism about BCCL’s future performance and its crucial role in supporting India’s steel and industrial sectors.
