BCCL IPO GMP: The grey market premium of Bharat Coking Coal remained over 45 per cent on the third and final day of Coal India's subsidiaries.
The IPO, which happened to be the first mainboard IPO of 2026, has been getting an overwhelming response from the investors as it was fully subscribed within the first hour of the opening on Friday.
Bharat Coking Coal IPO GMP
The Bidding trend reflects in the grey market as well. According to Investorgain, a grey market tracker, the shares of BCCL were trading at a Rs 10.7 premium in the unofficial market in the morning.
The shares were at Rs 33.7, up 46.52 per cent against the upper end of the price band-- Rs 23.
BCCL IPO Subscription Status
The Public sector unit's IPO has been getting solid interest from the investors. As per NSE data, at around 11:42 AM on January 13, the IPO was subscribed a whopping 52.61 times.
- Total Subscription- 52.61 times
- Shareholders' Quota - 63.69 times
- Employees Category - 3.36 times
- Retail Individual Investors Category- 35.76 times
- Non-Institutional Investors Quota - 168.85 times
- Qualified Institutional Buyers Category - 2.87 times
Bharat Coking Coal IPO Details
Issue Size - Rs 1,071.11 Crore
BCCL IPO Price Band- Rs 21-23
Listing Date - The shares may list on January 16