Coal India unit Bharat Coking Coal skyrockets 95.7% in stock market debut

Bharat Coking Coal

19/01/2026 04:16

BENGALURU, Jan 19 - Shares of Bharat Coking Coal BARC.NS, India's top coking coal miner, debuted at a premium of 95.65% on Monday after its initial public offering drew bids worth $13 billion, making it one of the most heavily subscribed state-run IPOs in recent years.

The shares listed at 45 rupees on the National Stock Exchange of India, compared to the issue price of 23 rupees.

Bharat Coking Coal is a subsidiary of government-owned Coal India COAL.NS, one of the world's largest coal producers.

 (Reporting by Urvi Dugar in Bengaluru; Editing by Janane Venkatraman)

 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))