Bharat Coking Coal Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Bharat Coking Coal Ltd IPO consists of an offer for sale of 1071.11 shares and does not contain a fresh issue. The IPO’s price band is ₹21 – ₹23 per share. The company’s shares will be listed on BSE, NSE on 16 Jan 26

The initial public offering of Bharat Coking Coal Ltd ended the second day with investors bidding 8.09 times the available shares. The retail investor portion of the IPO was subscribed 9.264 times the available shares on offer. Retail investors have 138,545,750/346,946,500 (39.93%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 24,139,800/2,806,136,400 (0.86%) portion of the IPO got bids for 0.3049 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 16.3939 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Bharat Coking Coal Ltd IPO

Offer for sale: 1071.11 shares 

Fresh issue: 0.00 

Price Band: ₹21 – ₹ 23 per share 

Bid open dates: 09 Jan 26 

Allotment date: 14 Jan 26 

Listing date: 16 Jan 26