Bharat Coking Coal Limited subscribed 8.1 times on Day 1
The Initial Public Offering of Bharat Coking Coal Limited was subscribed 8.09 times on the first day of bidding, demonstrating strong demand from retail and non-institutional investors along with shareholder reserved portion for this IPO. The issue received bids of 2,80,61,36,400 equity shares against the offered 34,69,46,500 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 9.26 and 16.39 times respectively. Qualified Institutional Investors was subscribed 0.30 times. Shareholder reserved portion was subscribed 10.86 times. Employee Portion was subscribed 0.83 times. The issue kicked off for subscription on Friday, January 9, 2026 and will close for subscription on Tuesday, January 13, 2026. A day before the opening of the issue, Bharat Coking Coal Limited had raised Rs 273.1 crore from anchor investor...