Bharat Coking Coal IPO
Bharat Coking Coal IPO
Bharat Coking Coal Limited (BCCL), incorporated in 1972 and a wholly owned subsidiary of Coal India Limited, is India's largest producer of coking coal. The company accounts for approximately 58.50% of India's domestic coking coal production, serving as a critical supplier to the steel and power sectors. BCCL operates 32 mines (opencast and underground) across the Jharia and Raniganj coalfields and holds estimated reserves of 7,910 million tonnes. The company also operates coal washeries and is expanding into solar power and coal-bed methane projects.
Investment Timeline
🤖 Smart Analysis
*AI score is algorithmic and for educational purposes only.
🎯 Application Strategy
Action: 👍 CONSIDER - Decent opportunity for diversification
Lots: Apply 1-2 lots based on risk appetite
⏳ Timing Advice
📊 Monitor subscription trends before applying
Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- The IPO is entirely an Offer for Sale (OFS) of 46.57 Crore shares by the parent company, Coal India Limited. The company will not receive any proceeds. The primary objective is to carry out the divestment of a 10% stake and achieve the benefits of listing on stock exchanges.
Frequently Asked Questions
What is the current GMP of Bharat Coking Coal IPO?
What is the AI Prediction for Bharat Coking Coal IPO?
When will the allotment for Bharat Coking Coal IPO be announced?
What is the listing date for Bharat Coking Coal IPO?
Liability Disclaimer: Ipofly.com is an informational platform. We are not SEBI registered. The information provided here (including GMP and AI analysis) is for educational purposes only and should not be considered financial advice. Investments in the stock market are subject to market risks. Please consult your financial advisor before investing.