Home/IPOs/BHARATCOAL
B

BHARATCOAL IPO

Bharat Coking Coal Limited
Start Date09-01-2026
Application Timing10am-5pm
Price Range₹21 - ₹23
Min Qty600
Min. Investment₹12600
Listing Date16-01-2026
Close Date13-01-2026

About Bharat Coking Coal Limited

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.

Why To Invest in Bharat Coking Coal Limited

Bharat Coking Coal Limited holds a strong leadership position as the largest producer of coking coal in India, giving it a significant advantage in the domestic market. The company enjoys robust backing from Coal India Limited and the Government of India, which adds long-term stability, trust, and operational support. Its financial performance remains healthy, with strong return ratios such as ROCE of 30.13% and RoNW of 20.83% as of March 31, 2025, reflecting efficient use of capital. Additionally, the company has demonstrated consistent growth in production, increasing coal output from 30.51 million tonnes in FY22 to 40.50 million tonnes in FY25. With sustained demand from the steel and infrastructure sectors, Bharat Coking Coal is well-positioned to benefit from India’s industrial growth over the long term.

Financial Table
Period EndedPeriod Ended31 Mar 202531 Mar 202431 Mar 2023
Assets18,711.1317,283.4814,727.7313,312.86
Total Income6,311.5114,401.6314,652.5313,018.57
Profit After Tax123.881,240.191,564.46664.78
EBITDA459.932,356.062,493.89891.31
NET Worth5,830.896,551.235,355.473,791.01
Reserves and Surplus1,006.521,805.73664.72-853.10
Total Borrowing1,559.13---
Strengths And Risks
+
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.
FAQs
What is the IPO opening and closing date? +
What is the price band of the IPO? +
What is the minimum investment for retail investors? +
Is this a fresh issue or OFS? +
Who are the promoters of the company? +

Explore Other Products

Rupeezy AppAdvanced charts, advanced Option Chain, instant pay-in & pay-out,margin .Learn More
Rupeezy <> TradingViewEnjoy top-class trading experience enhanced by advanced TradingView charts.Learn More
DockPortfolio analysis, pledge holdings, apply in IPOs & download reports Learn More