Bharat Coking Coal IPO Oversubscribed 147x, Draws Bids Worth ₹1.17 Lakh Crore
Bharat Coking Coal Ltd's ₹1,071 crore IPO achieved exceptional success with 147x oversubscription, attracting bids worth ₹1.17 lakh crore from investors. As India's leading coking coal miner and Coal India subsidiary, BCCL received particularly strong interest from qualified institutional buyers who subscribed 311 times their quota. The offering marks the first mainboard IPO of 2026 and represents the government's continued divestment push in the coal sector.
