Bharat Coking Coal IPO Listing Live Updates: The initial share sale sought to raise ₹1,071.11 crore via an offer for sale (OFS) of 46.57 crore shares by Coal India Ltd. There was no fresh issuance of equity shares.

Since there was no fresh issue of shares, the firm will not get any proceeds from the public offer and the money raised will go to the selling shareholder.

"Our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity and a public market for the equity shares in India," the firm said in its red herring prospectus (RHP).

Bharat Coking Coal IPO Listing Live Updates: The strong response to the IPO of Bharat Coking Coal Ltd has boosted confidence within Coal India and provided positive momentum as the company evaluates the listing of its other subsidiaries, Chairman-cum-Managing Director B Sairam said.

"With an overwhelming response, BCCL’s IPO resulted in full subscription within minutes of the opening. The strong investor interest continued unabated till the closure of the offering, with the issue getting subscribed over 146 times. It is a true confidence booster for CIL,” the CIL chief said.

Bharat Coking Coal IPO Listing Live Updates: According to investorgain.com and media reports, Bharat Coking Coal's unlisted shares are trading at ₹36.5, reflecting a grey market premium of 58.70% over the upper price band of ₹23.

Bharat Coking Coal IPO Listing Live Updates: Bharat Coking Coal Ltd's shares will be listed under the 'BHARATCOAL' symbol on the NSE and the BSE.

Bharat Coking Coal IPO Listing Live Updates: Bharat Coking Coal's shares will debut on the secondary market - the BSE and the NSE - on Monday, January 19, at 10 am.

Bharat Coking Coal IPO Listing Live Updates: Shares of Bharat Coking Coal will make their debut on the National Stock Exchange (NSE) and the BSE on Monday, January 19. The listing will take place at 10 am.