The gray market is sending out loud signals ahead of Bharat Coking Coal Ltd’s stock market debut, with the IPO commanding a premium that points to a potential listing gain of 54% even after a last-minute postponement pushed the listing to Monday. For investors who piled into one of the most underwritten PSU offerings in […]
The listing of Bharat Coking Coal Ltd., a subsidiary of PSU Maharatna Coal India, has been postponed to January 19 from the earlier scheduled date of January 16 due to local elections in Maharashtra.Furthermore, the Indian stock market will remain closed on Thursday, January 15 due to the municipal elections in Maharashtra. Both the BSE […]
Bharat Coking Coal’s IPO has seen one of the strongest subscription responses seen in India’s primary market in recent years, with bids worth over Rs 1.1 lakh crore swamping an issue size of just Rs 1,071 crore. Data from the exchanges shows that investors bid for 50,93,16,75,600 shares at the highest price band of Rs […]
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India, is generating strong pre-listing buzz ahead of its first public issue, scheduled to open on January 9. The gray market premium (GMP) for the IPO is currently hovering around Rs 13-Rs 14 per share, implying a potential upside of 56.52% over the upper […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]
After raising over Rs 1.7 lakh crore in 2025, the Indian IPO market is heading for a quiet final week of the year, characterized more by listings than new fundraising. Only one IPO – Modern Diagnostic and Research Center – will open for registration next week.Modern Diagnostic and Research Center will open its Rs 37 […]
Market regulator Securities and Exchange Board of India (Sebi) has given approval for the first public offers (IPOs) of Bharat Coking Coal Limited and AEQUS Limited. While Bharat Coking received observations on September 19, AEQUS received the approval of Sebi on September 18. Bharat Coking Coal IPO Coal India submitted the Red Herring Prospectus (DRHP) […]