Earlier, Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, mobilised over Rs 273 crore from anchor investors.
Mumbai:
The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of state-owned Coal India, got fully subscribed within minutes of opening for bidding today, i.e. on December 9, 2025. As per National Exchange Data (NSE) till 2 pm, the issue received bids for 1,95,02,77,800 shares against 34,69,46,500 shares on offer, translating into 5.62 times subscription. The category for non-institutional investors fetched 10.56 times subscription, while the quota for retail individual investors (RIIs) attracted 6.89 times subscription. The qualified institutional buyers (QIBs) portion received 24 per cent subscription.
Earlier, Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, mobilised over Rs 273 crore from anchor investors.