How to Check Your BCCL IPO Allotment Status
If you applied for the IPO, you can verify your allotment on the following official portals: 1. KFin Technologies (Registrar)- Visit the KFin Technologies IPO status page.
- From the dropdown list, select Bharat Coking Coal Ltd.
- Enter PAN, Demat account number, or application number.
- Complete the captcha and click Submit to see the result.
- Go to the NSE IPO allotment page.
- Choose Equity & SME IPO bid details and select BHARATCOAL.
- Enter your PAN card and application number, then submit.
- Head to BSE’s IPO application status page.
- Select Equity under issue type and Bharat Coking Coal Ltd from the list.
- Enter your PAN/application number and click Search.
Subscription Summary: A Record Crowd
The ₹1,071.11-crore IPO was oversubscribed by a huge margin, reflecting remarkable investor enthusiasm:- Qualified Institutional Buyers (QIBs): ~310.81×
- Non-Institutional Investors (NIIs): ~258×
- Retail Investors: ~49×
- Total: ~146.87× overall subscription
Grey Market Premium (GMP) and Expected Listing Price
In the unofficial grey market, BCCL shares were trading at a strong premium, signaling upbeat sentiment ahead of listing:- GMP: Around ₹13.4 over the IPO price (as of latest reports)
- Implied expected listing price: Nearly ₹36.4 per share based on the upper band of ₹23, indicating about 58% potential premium.
Postponed Listing Date
Initially scheduled to list on January 16, 2026, the BCCL stock’s listing has been pushed to January 19, 2026. This delay is due to local municipal elections in Maharashtra, which have led exchanges to keep trading activities minimal on the original date.Quick Recap of BCCL IPO Details
- Company: Bharat Coking Coal Ltd. (wholly owned subsidiary of Coal India Ltd)
- Issue Type: Offer-for-Sale (OFS) of 46.57 crore shares by Coal India Ltd
- Price Band: ₹21 – ₹23 per share
- Lot Size: 600 shares per lot
- Registrar: KFin Technologies Ltd
- Lead Managers: IDBI Capital Markets & Securities Ltd and ICICI Securities Ltd
Understanding GMP & Market View
A strong grey market premium experienced after allotment often suggests investors are expecting good listing gains, provided market conditions remain stable at the time of debut. However, GMP is not regulated, and actual listing performance can vary.Disclaimer: This article is for educational and informational purposes only. It does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.