Day 1: Bharat Coking Coal IPO gets 8x bids

KOLKATA: The IPO of Bharat Coking Coal was subscribed 8 times on the first day of bidding on Friday, driven by strong demand from retail, non-institutional and existing shareholder investor categories. The issue received bids for 2,80,61,36,400 equity shares against the offer size of 34,69,46,500 shares, according to available data.