Bharat Coking Coal IPO GMP History
Bharat Coking Coal IPO has been listed on January 19, 2026 at a listing price of ₹45, against the issue price of ₹23 — a gain of ₹22 (+95.65%). The GMP peaked at ₹19 on 19 January 2026 and reached a low of ₹10 on 9 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Bharat Coking Coal IPO raised ₹1071 Cr. through its IPO at a price band of ₹21 to ₹23 per share, with a lot size of 600 shares. The IPO was open for subscription from 09 Jan 2026 to 13 Jan 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 27 Aug, 12:00 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Jan 2026 | ₹ 19 | ▲ | 83% | — | — |
| 16 Jan 2026 | ₹ 13 | ▼ | 57% | — | ₹ 8200 |
| 15 Jan 2026 | ₹ 14 | ▲ | 61% | — | ₹ 8100 |
| 14 Jan 2026 | ₹ 13 | — | 57% | ₹ 200 | ₹ 5800 |
| 13 Jan 2026 | ₹ 13 | ▲ | 57% | ₹ 300 | ₹ 4000 |
| 12 Jan 2026 | ₹ 10.80 | ▲ | 47% | ₹ 350 | ₹ 4500 |
| 10 Jan 2026 | ₹ 10.25 | ▲ | 45% | ₹ 400 | ₹ 4500 |
| 09 Jan 2026 | ₹ 10 | ▼ | 43% | ₹ 400 | ₹ 4500 |
| 08 Jan 2026 | ₹ 11.2 | ▼ | 49% | ₹ 475 | — |
| 07 Jan 2026 | ₹ 13 | ▲ | 57% | ₹ 475 | — |
| 06 Jan 2026 | ₹ 12 | — | 52% | ₹ 300 | ₹ 3500 |
Bharat Coking Coal IPO dates
Key dates from opening to listing. Today is 20 October.
- Open 09 Jan 2026
- Close 13 Jan 2026
- Allotment 14 Jan 2026
- Refund/credit 16 Jan 2026
- Listing 19 Jan 2026
Bharat Coking Coal IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹23 |
|---|---|
| GMP-based estimate (pre-listing) | ₹42 (+82.6%) |
| Listing gain / loss | +₹22 per share |
| Listing date | 19 Jan, 2026 |
| Actual listing price | ₹45 (+95.65%) |
Is Bharat Coking Coal IPO GMP reliable?
Grey market premium for Bharat Coking Coal IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Bharat Coking Coal IPO full review for a fundamentals-based assessment before making any grey market trades.
Bharat Coking Coal IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Bharat Coking Coal IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Bharat Coking Coal IPO
Bharat Coking Coal Limited (BCCL) is a public sector undertaking engaged in the mining and production of coking coal, primarily used in steel manufacturing. The company was incorporated in 1972 after the nationalisation of coking coal mines in India, with the objective of ensuring systematic development of this critical resource. It operates under the administrative control of Coal India Limited, which acts as its parent and promoter. Headquartered in Dhanbad, BCCL manages a large number of underground and opencast mines across the Jharia coalfields, one of the most important coal reserves in the country.
The company’s core business revolves around the extraction, processing, and supply of coking coal to major steel producers and industrial consumers. Its product portfolio includes prime coking coal, medium coking coal, and by-products generated during the mining process. BCCL follows a volume-driven business model, supplying coal through long-term linkages, e-auctions, and fuel supply agreements. With a strong focus on meeting domestic demand, the company plays a vital role in reducing India’s dependence on imported coking coal. It continues to invest in modern mining techniques, safety measures, and environmental management while maintaining long-term relationships with key clients in the steel and energy sectors.
Frequently asked
What is the GMP of Bharat Coking Coal IPO?
The current Grey Market Premium (GMP) of Bharat Coking Coal IPO is ₹ 19.
What is the Kostak Price of Bharat Coking Coal IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Bharat Coking Coal IPO is not available.
What is the Subject to Sauda Price of Bharat Coking Coal IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Bharat Coking Coal IPO?
Bharat Coking Coal IPO listed on January 19, 2026 at ₹45, against the issue price of ₹23 — a gain of +95.65%.
How did the GMP of Bharat Coking Coal IPO trend before listing?
The GMP of Bharat Coking Coal IPO was rising in its final days before listing. The GMP peaked at ₹19 on 19 January 2026. View the day-wise table above for the complete GMP history.
Explore Bharat Coking Coal IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
