Bharat Coking Coal Limited IPO is fully book build issue and total IPO size is ₹null crores. The entire share offering is an offer for sale of 465700000 shares.
The dates for the Bharat Coking Coal Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].
The Bharat Coking Coal Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Bharat Coking Coal Limited IPO has not been announced yet.
Registrar for this IPO is Kfin Technologies Limited and lead managers for Bharat Coking Coal Limited IPO are Idbi Capital Markets & Securities Limited, Icici Securities Limited.
IPO Schedule
| IPO Open Date | - |
|---|---|
| IPO Close Date | - |
| IPO Allotment Date | - |
| Refund Initiation | - |
| Share credit in Demat | - |
| Listing Date | - |
Key Details
| Price Band | TBA |
|---|---|
| Lot Size | TBA |
| Face Value | ₹10 Per Equity Share |
| Total Issue Size | 465,700,000 Shares |
| Fresh Issue | - |
| OFS Issue | 465,700,000 Shares |
| Issue Type | Fresh issue and Offer for Sale |
| Listing At | BSE, NSE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
About Bharat Coking Coal Limited Company
Bharat Coking Coal Limited (BCCL), a wholly-owned subsidiary of Coal India Limited, is the largest coking coal producer in India, accounting for 58.50% of domestic production in Fiscal 2025. We hold approximately 7,910 million tonnes of coking coal reserves as of April 1, 2024, making us one of the largest reserve holders in India.
Our operations are primarily located in Jharia, Jharkhand, and Raniganj, West Bengal. Production has increased significantly, from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025. We strategically increased production by incorporating heavy earth-moving machinery (HEMM).
We operate 32 mines and five coal washeries. Sales reached ₹ 13,083.26 crore in Fiscal 2025. Our mines are strategically located and supported by infrastructure including railways and roads and longwall mining technology. We are committed to research and development, focusing on innovative mining techniques and improved coal beneficiation. We minimize our ecological footprint through sustainable development, pollution control, and conservation of resources.
BCCL is well-positioned to capitalize on the growing demand for coking coal in India.
Bharat Coking Coal Limited Financial Details
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 17283.48 | 14727.73 | 13312.86 |
| Revenue | 14,597.53 | 14,452.01 | 13,691.24 |
| Profit After Tax | 1240.19 | 1564.46 | 664.78 |
| Net Worth | 6,551.23 | 5,355.47 | 3,791.01 |
| Reserves and Surplus | 1805.73 | 664.72 | -853.10 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 2.66 | 20.83% | 14.07 | 30.13% |
Offer Objectives
The Offer primarily aims to execute the Offer for Sale of up to 46.57 Crore equity shares, each with a face value of ₹10, by the Promoter Selling Shareholder, amounting to ₹[●] million (₹[●] Crore), and to realize the advantages of listing on the Stock Exchanges. Listing is anticipated to boost the company's brand visibility and provide liquidity for its shares.
Offer Proceeds and Expenses: The company will not receive any proceeds from the Offer; instead, all proceeds, net of Offer-related expenses and taxes borne by the Promoter Selling Shareholder, will go to the Promoter Selling Shareholder. The estimated Offer expenses are ₹[●] million (₹[●] Crore), encompassing various fees such as listing, underwriting, legal, registrar, and brokerage fees.
Expense Allocation: The Promoter Selling Shareholder will cover expenses related solely to the Offer, barring standard audit fees and routine advertisements. Conversely, the Book Running Lead Managers (BRLMs) will bear the costs of advertising, marketing, printing, and their legal counsel. If the Offer is withdrawn, the Promoter Selling Shareholder will exclusively bear all associated costs and expenses, including BRLM fees.
Basis for Offer Price: The Offer Price and Price Band will be determined by the Company in consultation with BRLMs based on market demand and quantitative and qualitative factors like coking coal production capacity, strategic mine locations, strong parentage of Coal India Limited, consistent financial track record, experienced management team. Key financials for consideration include Basic and Diluted EPS, P/E Ratio, RoNW and NAV.
Company Details
Address:
Koyla Bhawan, Koyla Nagar, Dhanbad Jharkhand, India 826005
Phone: 0326-2230190
Email: [email protected]
Website: http://www.bcclweb.in
IPO Registrar Details
KFin Technologies Limited
Phone: +91 40 6716 2222,+91 18003094001
Email: [email protected]
Website: http://www.kfintech.com
Offer Prospectus & Documents
Lead Managers
- IDBI Capital Markets & Securities Limited
- ICICI Securities Limited
