Mumbai, January 19, 2026 ( TGN ): Shares of Bharat Coking Coal Limited, which is a subsidiary of Coal India and the largest coking coal producer in India in Fiscal 2025 in terms of coking coal production, made a staggering debut on the exchanges with a listing premium of 96.5%, highest in some of the recently listed companies. The scrip listed at Rs 45.2 and Rs 45 per share on the BSE and NSE respectively.
Immediately after the listing, the stock showed impressive upside movement and closed the day with a premium. The company’s share price closed at Rs 40.7 per share on the BSE, a 77% premium, and at Rs 40.3 per share on the NSE, a 75.2% premium.
As per NSE, the total quantity traded stood at 7,380.39 lakh shares, on BSE the total Quantity stood at 1197.1 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 3,617.5 crore.
The Market Capitalisation of the Company at today’s closing price stood at Rs 18,935.4 crore as per BSE and Rs 18,758.4 crore as per NSE.
The company had offered Rs 1,071.1 crore public issue for subscription from January 9 to January 13. This garnered substantial interest, and the offer was subscribed nearly 146.9 times. Qualified Institutional Investors Portion and Non-institutional investor portion were subscribed 310.8 times and 258.2 times respectively. Retail Investors Portion was subscribed 49.3 times.
The company is the largest coking coal producer in India in Fiscal 2025 in terms of coking coal production, which accounted for 58.50% of the domestic coking coal production in the financial year 2025 (source – CRISIL Report, Industry Overview of the RHP). Its primary product is coking coal, with an estimated reserve of approximately 7,910 million tonnes, as of April 1, 2024, making it one of the largest coking coal reserve holder in India (source – CRISIL Report, Industry Overview on page 200 of the RHP).
The company produces various grades of coking coal, non-coking coal and washed coals for applications primarily in the steel and power industries. It is a wholly-owned subsidiary of Coal India Limited (CIL) and was conferred with Mini Ratna status in 2014.
The company has expanded its operations significantly over the years, with its coal production increasing from 30.51 million tonnes in Fiscal 2022 to 40.50 million tonnes in Fiscal 2025. Further, its coal production was 15.75 million tonnes in the six months period ended September 30, 2025 vis-à-vis 19.09 million tonnes in six months period ended September 30, 2024.
In Fiscal 2024, the company produced 39.11 million tonnes of coking coal and 1.99 million tonnes of non-coking coal, surpassing its previous records of coking coal production.
