The Initial Public Offering (IPO) of Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India, has captured significant investor attention, marked by an overwhelming subscription and a revised listing schedule. The IPO, a book-built issue worth ₹1,071.11 crore, consisted entirely of an Offer for Sale (OFS) of 46.57 crore shares by its promoter, Coal India Ltd. The price band for the issue was set between ₹21 and ₹23 per equity share. The subscription window for the BCCL IPO was open from January 9, 2026, to January 13, 2026. It received an exceptional response from investors, being oversubscribed approximately 147 times overall, with strong demand across all investor categories. Retail investors' portion was subscribed around 49.37 times, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) saw subscriptions of 310.81 times and 240.49 times, respectively. The basis of allotment for the IPO shares was finalized on January 14, 2026. Investors can check their allotment status on the websites of BSE, NSE, and the registrar, KFin Technologies. Shares for successful allottees are expected to be credited to their Demat accounts on January 16, 2026, with refunds for unsuccessful applicants also processed on the same day. Initially, the listing on the National Stock Exchange (NSE) and BSE was scheduled for January 16, 2026. However, it has been officially postponed to Monday, January 19, 2026, at 10 am. This delay is due to a stock market holiday declared in Maharashtra on January 15, 2026, for municipal elections, impacting the settlement process. Despite the postponement, the Grey Market Premium (GMP) for BCCL shares remains strong, suggesting potential listing gains of over 50%. BCCL is India's largest coking coal producer, playing a critical role in the country's steel sector.