2026: Bharat Coking Coal Ltd has fixed the price band of Rs 21/- to Rs 23/- per Equity Share of face value Rs 10/- each for its maiden initial public offer. Company had filed its Red Herring Prospectus dated January 2, 2026 (“RHP”) with Registrar of Companies, Jharkhand at Ranchi, SEBI and Stock Exchanges. The Initial Public Offer (“IPO” or “Offer”) of the Company will open on, Friday, January 9, 2026 Further, the Company, in consultation with the BRLMs, considers participation by Anchor Investors in accordance with the SEBI ICDR Regulations. The Anchor Investor Bid/Offer Period is one Working Day prior to the Bid/Offer Opening Date i.e. Thursday, January 8, 2026. Investors can bid for a minimum of 600 Equity Shares of face value Rs 10 each and in multiples of 600 EquityShares thereafter.The total issue size of the BCCL IPO is up to 465,700,000 Equity Shares, consisting of an Offer for Sale of upto 465,700,000 Equity Shares by Coal India Limited (the “Promoter Selling Shareholder”). 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 reserveholder 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.