Anchor investor bidding will open on Thursday, January 8.
The company will announce the issue price band on Monday, January 5.
About India Coking Coal
Established in 1972, BCCL is India’s largest coking coal producer and one of the largest coking coal reserve holders in the country with estimated reserves of approximately 7,910 million tonnes as of April 1, 2024. The company is a wholly owned subsidiary of CIL and was granted status in a1204.
BCCL’s operations are concentrated in Jharia Coalfield in Jharkhand and Raniganj Coalfield in West Bengal.
Financials of BCCL
In the financial year ended March 31, 2025, BCCL posted Rs. 1,240 crore in FY24 as compared to Rs. 1,564 crore and in FY23 Rs. 665 crores. For H1FY26, profit after tax (PAT) was Rs. 124 crore, which in the year-ago period was Rs. 749 crores.
The company’s total revenue from operations in FY25 was Rs. 14,246 crore and in FY23 Rs. 12,624 crore as against Rs. 13,803 crores. The company’s topline in H1FY26 was Rs. 5,659 crore was recorded in H1FY25, which was Rs. 6,846 crores.
The company has continuously increased its production capacity through strategic deployment of Heavy Earth-Moving Machinery (HEMM) and achieved a record coking coal production of 39.11 million tonnes in FY2024, maintaining a steady growth trajectory with a CAGR of 5.80% in coking coal production from Fis2020202025 to 2020.
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Bharat Coking Coal IPO Lead Manager
The Book Running Lead Managers (BRLMs) of the issue are IDBI Capital Markets and Securities and ICICI Securities Limited while the Registrar is KFin Technologies Limited.
Bharat Coking Coal IPO
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