Bharat Coking Coal IPO GMP shows a stock market share of 54%. What can you expect before you appear at the fair tomorrow?

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 […]

IPO of Rs 1071 crore gets bids of Rs 1.1 lakh crore: Bharat Coking Coal creates history with 90 lakh applications

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 […]