BCCL IPO: GMP exceeds 50%, but are these 8 risks dealbreaker for investors?
Bharat Coking Coal (BCCL) IPO is set to open on January 09 with a high grey market premium of over 56%. However, potential investors should be aware of the key risks outlined by the company, including poor quality coal, inaccurate reserve estimates, geographic concentration, coal pricing restrictions, environmental mandates, dependence on raw coking coal, and significant contingent liabilities.