Bharat Coking Coal IPO Day 2: Strong GMP at 46%; check subscription status and key highlights
The Rs 1,071 crore Bharat Coking Coal IPO has seen strong demand, getting fully subscribed within 30 minutes on Day 1 and ending the day with an overall subscription of 8.09 times. Retail and NII participation led the surge, while grey market premiums of Rs 11—around 46% above the issue price—signal positive investor sentiment ahead of listing.