Bharat Coking Coal IPO allotment: Check the application status, latest GMP & listing date

Bharat Coking Coal is likely to finalize the basis of allotment of its shares on Wednesday, January 14. Applicant bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate either on Thursday, January 15, or latest by Friday January 16. The state-run coal player saw a historic response from the investors during the three-day bidding.

The IPO of Bharat Coking Coal was open for bidding between January 09 and January 13. It had offered its shares in the price band of Rs 21-23 per share with a lot size of 600 shares. The company raised a total of Rs 1,071crore via IPO, which was entirely an offer-for-sale (OFS) 46.57 crore equity shares by the President of India on behalf of the Ministry of Coal.

The issue was overall subscribed a total of 146.87 times, attracting bids nearly Rs 1.17 lakh crore through more than historic 90.31 lakh applications. Investors made bids for a jaw dropping 5,095.56 crore equity shares.

The portion for qualified-institutional bidders (QIBs) was subscribed 310.81 times, while the non-institutional investors (NIIs) quota was booked 258.16 times. The allocation for retail investors was subscribed 49.33 times in the bidding process. Portions reserved for eligible shareholders of Coal India Ltd and employees were booked 87.29 times and 5.18 times, respectively.

The grey market premium (GMP) of Bharat Coking Coal has seen some recovery on the back of strong bidding despite muted market sentiments. Last heard, it was commanding a premium of Rs 13.5-13.6 in the unofficial market, suggesting a listing pop of nearly 60 per cent for the investors. The GMP stood around Rs 9-10 during the bidding period.

Incorporated in 1972, Dhanbad-based Bharat Coking Coal (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly-owned subsidiary of Coal India. It operates a network of 34 operational mines, including four underground, 26 opencast, and four mixed mines as of September 30, 2025.

IDBI Capital Markets Services and ICICI Securities are the book running lead managers of Bharat Coking Coal IPO and Kfin Technologies is the registrar of the issue. Refund initiations and credit of shares is likely to be done by Friday, January 16. Shares of the company shall be listed on both BSE and NSE with Monday, January 19 as the date of listing.

Investors, who had bid for the issue of Bharat Coking Coal, can check the allotment status on the Bombay Stock Exchange (BSE) website:

• Visit https://www.bseindia.com/investors/appli_check.aspx
• Under the issue type, click Equity
• Under the issue name, select Bharat Coking Coal Limited in the dropbox
• Write the application number
• Add the PAN card ID
• Click on 'I am not a Robot' and hit search button  

Investors can also check the allotment status on the online portal of KFin Technologies Limited (https://kosmic.kfintech.com/ipostatus), the registrar to the issue.

The registrar is a Sebi-registered entity, qualified to act as such and which electronically processes all applications and carries out the allotment process, as per the prospectus. The registrar is responsible for complying with the timelines for updating the electronic credit of shares to successful applicants, dispatching and uploading refunds, and attending to all investor-related queries.

• Go to the web portal of KFin Technologies Limited
• Select the IPO in dropbox whose name will be populated only if the allotment is finalized
• You may be required to select either one of the three modes: Application number, Demat Account number, or PAN ID
• In application type, select between ASBA and non-ASBA
• Enter the details of the mode you selected in Step 2
• For security purposes, fill the captcha accurately
• Hit submit.