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Grey market sentiment points to strong debut for Bharat Coking Coal IPO

Grey market premiums signal strong demand for the Bharat Coking Coal IPO ahead of its rescheduled Monday listing, indicating potential listing gains over the issue price.
Ahead of its scheduled Monday listing, the Bharat Coking Coal Ltd IPO is attracting high grey market premiums, suggesting potential gains of roughly 50% over the issue price of Rs 23. The offer drew strong subscription across investor categories, making it one of the most heavily subscribed PSU IPOs recently. A brief listing delay has not significantly diminished unofficial market interest.