Bharat Coking Coal IPO kicks off on Jan 9; GMP signals strong debut with 50% premium. Here are key details

The Bharat Coking Coal IPO is a book-built issue valued at Rs 1,071.11 crore. The buzz around the issue comprises an offer sale of 46.57 crore equity shares, which leads to no fresh funds being raised by the company, and the proceeds will go to the selling shareholder, Coal India Limited.