
Mumbai, January 14, 2026: The Bharat Coking Coal Limited IPO allotment is being finalised today, January 14, following an extraordinary subscription response that saw the issue subscribed over 143 times at close. Investor focus has now shifted to allotment outcomes, grey market trends, and the upcoming listing scheduled for January 16.
The IPO, priced at ₹21–₹23 per share, witnessed intense demand across all categories, led by qualified institutional buyers and non-institutional investors, with retail participation also remaining strong through the issue period.
LIC Anchor Investment Sets Institutional Tone
Ahead of the IPO opening, Life Insurance Corporation of India emerged as the single largest anchor investor in the issue. LIC invested ₹78.00 crore, acquiring 3,39,13,200 equity shares at the upper end of the price band of ₹23 per share.The anchor allocation was finalised on January 8, 2026, a day prior to the IPO opening, and accounted for 28.56 percent of the total anchor portion. The participation of India’s largest domestic institutional investor provided early institutional visibility to the offering ahead of its public subscription.
Record Subscription Drives Allotment Focus
By the close of bidding on January 13, the Bharat Coking Coal IPO was subscribed approximately 143.85 times, driven by:- Heavy QIB participation, particularly on the final day
- Exceptionally strong demand from non-institutional investors
- Sustained interest from retail and shareholder categories
Grey Market Premium (GMP) Rises on Allotment Day
In the unofficial grey market, the grey market premium (GMP) for the Bharat Coking Coal IPO has moved sharply higher on allotment day.As of January 14, 2026 (morning), the GMP was reported at around ₹13.6 per share, compared with ₹13 at the close of bidding on January 13. At the upper IPO price of ₹23, this implies an informal estimated listing price of around ₹36.6 per share, translating to an indicative premium of about 59 percent.
Recent GMP Trend Highlights
- January 14 (Allotment Day): GMP ₹13.6, estimated premium ~59%
- January 13 (Issue Close): GMP ₹13, estimated premium ~56%
- January 12: GMP ₹10.6, estimated premium ~46%
- January 9 (IPO Opening): GMP ₹10, estimated premium ~43%
How to Check Bharat Coking Coal IPO Allotment Status
Once the basis of allotment is finalised, investors can check their IPO allotment status through the registrar, BSE, and NSE platforms. The process is explained step by step below.Check Allotment Status on Registrar’s Website
The registrar to the Bharat Coking Coal IPO is KFin Technologies Limited.Steps:
- Visit:
https://ipostatus.kfintech.com/ - Select Bharat Coking Coal Limited from the IPO dropdown list.
- Choose any one option to search:
- PAN
- Application Number
- DP ID / Client ID
- Enter the required details and captcha.
- Click Submit to view the allotment status.
Check Allotment Status on BSE Website
Applicants can also verify their allotment status on the BSE portal.Steps:
- Visit:
https://www.bseindia.com/investors/appli_check.aspx - Select Equity as the issue type.
- Choose Bharat Coking Coal Limited from the company list.
- Enter your Application Number or PAN.
- Click Search to view the allotment details.
Check Allotment Status on NSE Website
Investors who applied through NSE-linked platforms can check bid and allotment details on the NSE website.Steps:
- Visit:
https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids - Select IPO under the issue type.
- Enter your PAN or Application Number.
- Submit the details to check the bid and allotment status.
What Happens After Allotment
After the allotment status is confirmed:- Successful applicants will see equity shares credited to their demat accounts.
- Unsuccessful or partially allotted applicants will receive refunds to their bank accounts.
- The equity shares are scheduled to list on January 16, 2026.
What Investors Are Watching Now
With the allotment process underway today:- Successful applicants will see shares credited to their demat accounts ahead of listing
- Unsuccessful applicants will receive refunds as per the standard timeline
- The equity shares are scheduled to list on January 16, 2026
About Bharat Coking Coal Limited
Bharat Coking Coal Limited is a Government of India enterprise and a subsidiary of Coal India Limited. The company is engaged in the mining and supply of coking coal and non-coking coal, with operations primarily concentrated in the Jharia coalfields of Jharkhand and the Raniganj coalfields of West Bengal. It plays a strategic role in supplying raw material to India’s steel and core industrial sectors through a mix of opencast and underground mining operations.Note: Grey market premium (GMP) figures are shared for informational purposes only and reflect informal, off-market activity. The publisher does not participate in, facilitate, or recommend grey market or sub-to-sub (sub2) trading. GMP values are unofficial, unregulated, and subject to change.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.