The company will announce the issue price range on Monday, January 5.
About coking coal from Bharat
Founded in 1972, BCCL is India’s largest coking coal producer and one of the country’s largest holders of coking coal reserves, with approximately 7,910 million tonnes of estimated reserves as of April 1, 2024. The company is a wholly owned subsidiary of CIL and was granted ‘Mini Ratna’ status in 2014.
BCCL’s operations are concentrated in Jharia mines of Jharkhand and Raniganj mines of West Bengal.
BCCL’s financial data
BCCL reported a net profit of Rs 1,240 crore for the financial year ended March 31, 2025, compared to Rs 1,564 crore in FY24 and Rs 665 crore in FY23. For H1FY26, profit after tax (PAT) was reported at Rs 124 crore, compared to Rs 749 crore in the year-ago period. The company’s total operating revenue for FY25 stood at Rs 13,803 crore compared to Rs 14,246 crore in FY24 and Rs 12,624 crore in FY23. The company’s revenue was reported at Rs 5,659 crore in H1FY26, compared to Rs 6,846 crore in H1FY25.The company has consistently expanded its production capacity through the strategic deployment of Heavy Earth-Moving Equipment (HEMM) and has achieved a record coking coal production of 39.11 million tonnes in FY 2024, maintaining a steady growth trajectory at a CAGR of 5.80% in coking coal production from FY 2023 to FY 2025.
Also read: Fractal to Clean Max: 5 IPOs worth around Rs 18,000 crore to watch out for in January 2026
Bharat Coking Coal IPO Lead Managers
The Book Running Lead Managers (BRLMs) for the issue are IDBI Capital Markets & Securities and ICICI Securities Limited, while the registrar is KFin Technologies Limited.
Bharat Coking Coal IPO
The gray market premium (GMP) is still not open.
(Disclaimer: The recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times.)
#Bharat #Coking #Coal #IPO #Coal #India #arm #launch #IPO #January #Check #GMP #price #details