IPO Allotment Timing
The Bharat Coking Coal IPO's allotment date was tentatively set for January 14. This crucial date determined which investors would receive shares. Following
the allotment, the company's shares were slated to be listed on January 16. This timeline was significant for investors, as the allotment date indicated when they would know if they'd received shares, and the listing date marked the beginning of public trading for the stock. Understanding these dates was essential for anyone who had applied for the IPO.
Checking Allotment Status
Investors could easily check their Bharat Coking Coal IPO allotment status through several online platforms. The official websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) were designated sources where applicants could view their status. In addition to these exchanges, the IPO registrar's official portal also provided a convenient way to verify the allotment. This multi-platform approach ensured that investors had various avenues to access and confirm their allotment results efficiently.
Subscription Statistics Unveiled
The Bharat Coking Coal IPO achieved a remarkable subscription rate, demonstrating strong investor interest. It was oversubscribed by a significant margin. Specifically, the IPO garnered nearly 147 times more applications than the available shares. This impressive level of subscription highlighted the market's positive reception to the offering. The high demand indicated a robust interest in the company and its potential future performance, shaping the financial landscape for both the company and its investors.
