Bharat Coking Coal Limited’s IPO made headlines by getting fully subscribed in under 30 minutes, marking one of the fastest sell-outs in recent memory. The government’s coal arm captivated investors with its growth story and strategic importance. By midday, total subscription crossed 15x per exchange data. As a key supplier to steel majors like Tata Steel and JSW, the company leverages 4 billion tonnes of reserves to maintain its market leadership.
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