The Bharat Coking Coal IPO allotment has been finalised on the registrar platform KFin Technologies, bringing clarity for investors who participated in one of the most talked-about public issues this year.
The IPO witnessed massive investor interest, with the issue being subscribed 147 times, reflecting strong demand across all investor categories.
Bharat Coking Coal IPO: Refund & Share Credit Timeline
Following the allotment finalisation:
- Refund initiation for non-allottees is expected to begin within one working day
- Shares will be credited to demat accounts of successful bidders shortly after refunds are processed
Investors can check their allotment status directly on KFin Technologies’ website using their application number, PAN, or DP ID.
Listing Date and Market Expectations
Bharat Coking Coal shares are scheduled to list on the stock exchanges on Monday. Given the exceptionally high subscription levels, market participants are optimistic about a strong listing performance, though actual gains will depend on broader market sentiment.
Why the IPO Attracted Strong Demand
Analysts attribute the overwhelming response to:
- Strong fundamentals and strategic importance in the coal sector
- Government backing and sectoral visibility
- Positive sentiment in PSU and energy-related stocks
Key Highlights
- Bharat Coking Coal IPO allotment finalised via KFin Tech
- IPO subscribed 147 times
- Refunds and demat credit expected shortly
- Shares to list on Monday
⚠️ Disclaimer: This article is for informational purposes only and does not constitute investment advice. IPO investments are subject to market risks.
If you want, I can also add for CurrencyGyan:
