Bharat Coking Coal Ipo
BCCL IPO Review & Key Points
Review:
Objects of the Issue & Utilisation of Proceeds
NA
IPO Lead Managers aka Merchant Bankers
IDBI Capital Markets Services Ltd.
ICICI Securities Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹13,800 |
| Retail Maximum | 14 | 8,400 | ₹1,93,200 |
| S-HNI Minimum | 15 | 9,000 | ₹2,07,000 |
| S-HNI Maximum | 72 | 43,200 | ₹9,93,600 |
| B-HNI Minimum | 73 | 43,800 | ₹10,07,400 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Shareholder Quota Offers | – Shares | -% |
| Anchor Bidding Date | January 8, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | February 13, 2026 |
| lock-in period end date 50% shares (90 Days) | April 14, 2026 |
| IPO Open Date: | January 9, 2026 |
| IPO Close Date: | January 13, 2026 |
| Basis of Allotment: | January 14, 2026 |
| Refunds: | January 15, 2026 |
| Credit to Demat Account: | January 15, 2026 |
| IPO Listing Date: | January 16, 2026 |
| IPO Bidding Cut-off Time: | January 13, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 4,65,70,00,000 | 100% |
| Promoter Holding Post Issue | 4,65,70,00,000 | 90% |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹13,018.57 | ₹12,488.38 | ₹664.78 | ₹13,312.86 |
| 2024 | ₹14,652.53 | ₹12,560.86 | ₹1,564.46 | ₹14,727.73 |
| 2025 | ₹14,401.63 | ₹12,698.74 | ₹1,240.19 | ₹17,283.48 |
| Sep 2025 | ₹6,311.51 | ₹6,112.17 | ₹123.88 | ₹18,711.13 |
| KPI | Values |
| ROE: | 20.83% |
| ROCE: | 30.13% |
| EBITDA Margin: | 16.36% |
| PAT Margin: | 8.61% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹2.66 (Basic) |
| Price/Earnings P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.83% |
| Net Asset Value (NAV): | ₹14.07 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Alpha Metallurgical Resources, Inc | 1,233.78 | 14.87 | 11.48% | 11,182.10 | 25,320.27 Cr. |
| Warrior Met Coal, Inc. | 410.12 | 19.44 | 12.82% | 3,423.71 | 13,058.93 Cr. |
| IPO Open Date | January 9, 2026 |
| IPO Close Date | January 13, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹21 to ₹23 Per Share |
| Issue Size | Approx ₹1,071 Crores |
| Offer for Sale: | Approx 46,57,00,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |