The Bharat Coking Coal Limited (BCCL IPO) was a book-built issue entirely through an Offer for Sale (OFS) of 46.57 crore shares (no fresh issue), sized at ₹1,071.11 crore, with a price band of ₹21 to ₹23 per share (fixed at ₹23 upper end). It saw massive investor interest, closing with an overall subscription of around 146.80 times (strong demand from QIBs at 310x, NIIs at 258x, and Retail at 49x).
In an IPO like BCCL's, applications exceed available shares due to oversubscription. The registrar allocates shares fairly (often via lottery for retail), determining who gets shares and how many.
When will the BCCL IPO Allotment Status Be out?
The subscription period ran from January 9 to January 13, 2026. Allotment was finalised on January 14, 2026 (today). The registrar is KFin Technologies Limited. You may receive an SMS/email from NSE, BSE, or the registrar once the status is live. Check during the day as high traffic is expected.
Bharat Coking Coal (BCCL) IPO Subscription Status (Final)
Type of Investor
Subscription (Multiples)
Qualified Institutional Buyers (QIB)
310.81
Non-Institutional Investors (NII)
240.49
Retail Investors
49.37
Shareholders
87.20
Employees
5.17
Total
143.85
How to Check BCCL IPO Allotment Status?
Once you apply for the IPO, you can check the Bharat Coking Coal (BCCL) allotment status on three primary platforms: NSE, BSE, or the KFin Technologies Limited (registrar’s website). For that, you need one of the following details:
PAN Number: Your 10-digit Permanent Account Number.
Application Number: The unique number from your IPO application, found in your broker’s email/SMS or in the IPO application form.
Demat Account Number (DP/Client ID): The ID of your Demat account where shares will be credited.
If you don’t have these details, contact your broker or bank. Below are detailed steps for checking the allotment status on each platform.
Dominant Position: BCCL is a key player in India's coking coal sector, with strategic mines in Jharia (Jharkhand) and Raniganj (West Bengal), covering 288.31 sq km.
High Demand & GMP: The issue attracted huge oversubscription, reflecting strong sentiment. Grey Market Premium (GMP) hovered around ₹10.7, suggesting a potential listing price of ₹33.7(a premium of 46% over ₹23).
Sector Tailwinds: Growing steel demand in India, government focus on domestic production, and a structural supply gap make Bharat Coking Coal Limited (BCCL strategically important in India.
Financials: BCCL has a steady operations with historical growth, though recent periods showed some variability in profitability.
Risks to Consider
Oversubscription: With 147x overall (and retail at 49x), allotment for retail investors will be allotted on a computerised lottery-based, meaning low chances for many.
GMP Volatility: Unofficial and can fluctuate; listing gains aren't guaranteed.
Sector Challenges: Dependency on a limited number of large customers (top 10 contributed 84-89% of revenue), competition from imports, operational risks in mining, and regulatory/environmental compliance.
OFS Structure: No fresh funds are going to the company.
Market Volatility: The coal sector is currently facing global shifts toward cleaner energy.
Conclusion
The BCCL IPO allotment shows that many investors were interested, and shares were given based on overall demand in each category. Those who applied can check their allotment on the registrar’s or stock exchange’s website, and if you received shares, keep an eye on the stock when it lists on the NSE and BSE on 16 January 2026.
Disclaimer: The information provided in the article is only for educational purpose and should not be taken as an investment advice. Investors are advised to conduct their own research and consult SEBI-registered financial advisors before making any investment decisions.
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