The year 2026 has kicked off with two significant mainboard initial public offerings. Investors are showing strong interest in the Bharat Coking Coal IPO, which concludes its subscription period today. In contrast, the Amagi Media Labs IPO is experiencing a slower start on its opening day.
Bharat Coking Coal IPO Details
The Bharat Coking Coal IPO represents the first mainboard listing of 2026. It is also the inaugural public offering from a company in this crucial sector. The IPO consists entirely of an offer for sale by Coal India, which fully owns Bharat Coking Coal.
Coal India will receive all funds raised from this offering. The total amount reaches ₹1,071 crore at the maximum price band of ₹23 per share.
Key IPO Parameters
- The price band is set between ₹21 and ₹23 per share.
- The lot size requires 600 equity shares.
- Additional purchases must be in increments of 600 equity shares.
Important Dates
The allotment for the Bharat Coking Coal IPO will be finalized on Wednesday, January 14. Refunds will begin processing on Thursday, January 15. Successful applicants will see shares deposited into their demat accounts on the same day as refunds.
The share price is expected to debut on both BSE and NSE on Friday, January 16.
Amagi Media Labs IPO Structure
The Amagi Media Labs IPO combines fresh issuance of shares worth ₹816 crore with an offer for sale of 2.7 crore shares. The OFS portion is estimated at ₹972.6 crore based on the upper price band.
This brings the total issue size to ₹1,788.6 crore.
IPO Specifications
- The price band ranges from ₹343 to ₹361 per share.
- Allotment will be determined on Monday, January 19.
- Refunds are scheduled for Tuesday, January 20.
- Shares will be credited to allottees' demat accounts on the same day after refunds begin.
The Amagi Media Labs share price is anticipated to list on BSE and NSE on Wednesday, January 21.
Grey Market Premium Analysis
Grey market premium reflects investor willingness to pay above the issue price. It provides early indications of market sentiment.
Bharat Coking Coal IPO GMP
The current grey market premium for Bharat Coking Coal stands at ₹10.7. Based on the upper price band of ₹23, this suggests an estimated listing price of ₹33.7 per share. That represents a potential gain of 46.52% over the IPO price.
Analysis of the last eleven sessions shows the current GMP trending downward. The lowest recorded GMP is ₹9.25, while the highest reached ₹16.25 according to market experts.
Amagi Media Labs IPO GMP
Amagi Media Labs shows a grey market premium of ₹20 today. Using the upper price band of ₹361, this indicates an estimated listing price of ₹381 per share. That would mean a 5.54% increase over the IPO price.
Reviewing the last seven sessions reveals a downward trend in GMP. Experts note the lowest GMP recorded at ₹0.00, with the highest reaching ₹43.
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