Coal India subsidiary Bharat Coking Coal’s IPO to open on Friday; price band fixed. Check GMP, other details

The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL), a subsidiary of Maharatna PSU Coal India, has announced the price band for its upcoming share sale at ₹21-23 per share.

The public offer, worth ₹1,071 crore, will mark the first mainboard IPO of 2206. It will open for bidding this Friday, January 9, and close on Tuesday, January 13. Meanwhile, the anchor book will open a day before the IPO dates, on January 8.