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Bharat Coking Coal IPO draws strong interest as grey market signals upbeat debut
Ahead of its opening, Bharat Coking Coal IPO is seeing strong grey market signals, reflecting investor optimism around valuation, steel demand, and listing prospects.
Investor attention is building around the Bharat Coking Coal IPO, which opens for subscription on January 9, as grey market premiums indicate a strong potential listing. The issue, backed by Coal India, is expected to benefit from stable coking coal demand from steelmakers and a favorable supply outlook. Market participants are closely tracking valuation comfort, cash flow visibility, and government ownership dynamics.