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Bharat Coking Coal IPO Closing Day Demand Remains Strong

BCCL IPO subscription nears 34x and GMP near ₹10.6 indicates potential 46% listing gains, with the public offer closing today ahead of a January 16 listing.
Bharat Coking Coal’s IPO is closing for subscription on January 13, with bidding already showing nearly 34 times subscription overall. The price band is ₹21 to ₹23 per share. Grey market premium trends suggest a potential listing price near ₹33.6 per share, implying roughly 46% listing gains over the issue price. Retail, non-institutional and institutional segments have all contributed to strong demand