According to Nuvama Alternative & Quantitative Research, as many as 59.4 million shares or 1% of Bharat Coking Coal's outstanding equity becomes to eligible to trade from today.

in period ends for shares worth nearly ₹200 crore

Bharat Coking Coal shares in focus as lock-in period ends for shares worth nearly ₹200 crore

Shares of Bharat Coking Coal are down 28.5% from its listing price, but are still 42% above its issue price of ₹23 per share. The stock had listed at a 95% premium in comparison to its issue price.

By Shloka Badkar

Shares of Bharat Coking Coal Ltd. are in focus on Wednesday, April 15, as their three-month shareholder lock-in period ends in today's session.

According to Nuvama Alternative & Quantitative Research, as many as 59.4 million shares or 1% of its outstanding equity becomes to eligible to trade from today.

It must be noted that the end of the shareholder lock-in period does not mean all the shares will be sold in the open market. They only become eligible to be traded.

Based on Monday's closing price, the value of the shares that become eligible to be traded on Wednesday is worth nearly ₹194 crore.

Shares of the Coal India subsidiary listed on the exchanges on January 19, 2026 , at around ₹45 apiece, a premium of 95.65% in comparison to its issue price of ₹23 on the NSE.

The IPO was the second most-subscribed PSU issue on record. As per NSE data, the ₹1,071 crore issue was subscribed 146.8 times overall, including bids for 5,093 crore shares against 34.69 crore on offer.

While the stock is now down 28.5% from its listing price, it is still 42% above its issue price.

Recently, Bharat Coking Coal reported a 2% increase in raw coal production in March 2026 to 4.42 million tonne (MT), as per its provisional monthly performance data. Its coking coal production was up 3.6% to 4.22 MT from 4.07 MT in March last year. However, non-coking coal production was down 22.9% to 0.2 MT from 0.26 MT in the year-ago period.

Shares of Bharat Coking Coal ended the previous session 0.3% lower at ₹32.65 apiece. The stock has declined 5.3% in the past month and 19.5% this year, so far.

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