Bharat Coking Coal Limited
Minimum investment
Bidding date
09 Jan - 13 Jan 2026
Price range
₹21 - ₹23
Minimum quantity
600
Minimum investment
₹12,600
Issue size
₹1,071 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 170.48x |
Retail Individual Investor | 38.31x |
Non-Institutional Investor | 203.99x |
Others | - |
Total | 38.31x |
Bharat Coking Coal Limited (BCCL), incorporated in 1972, is one of India’s leading producers of coking coal. The company is a wholly owned subsidiary of Coal India Limited and plays a critical role in supporting the steel and power sectors. As of September 30, 2025, BCCL operates 34 mines across Jharkhand and West Bengal, including underground, opencast, and mixed mines. The company holds estimated coking coal reserves of around 7,910 million tonnes and contributed nearly 58.5% of India’s domestic coking coal production in FY25. BCCL also focuses on operational efficiency through coal washeries, mine developer models (MDO), and renewable energy initiatives such as solar power monetisation.
Market Leadership & Reserves: Bharat Coking Coal Limited is the largest producer of coking coal in India, supported by vast reserves that ensure a long mine life. This strong resource base provides long-term visibility for operations and revenue generation.
Strategic Operations: The company’s mines and washeries are strategically located, which helps reduce transportation and logistics costs. This operational advantage improves efficiency and supports better margins.
Stable Financial Performance: BCCL has demonstrated consistent profitability with healthy EBITDA margins over the years. Strong operational control and scale have contributed to stable financial performance.
Strong Government Backing: As a subsidiary of Coal India Limited, the company benefits from government support, policy stability, and strong institutional credibility.
14 Cr.
Mar'25
1 Cr.
Mar'25
2 Cr.
Mar'25
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