IPO Watch Next Week: BCCL IPO Listing, Shadowfax IPO Opening and Amagi IPO Allotment in Focus

The market is going to see a busy and action-packed week ahead, with three major IPO-related events lined up from Monday onwards. Investors will closely track the BCCL IPO listing, the opening of the Shadowfax IPO, and the Amagi IPO allotment,and is going to be one of the most important weeks for IPO investors in January 2026.

Last week saw strong momentum in the IPO market, with the Bharat Coking Coal IPO (BCCL IPO) recording massive subscription, while the Amagi IPO closed after being subscribed over 30 times as investor appetite is growing for quality public issues.

BCCL IPO Listing on January 19

The Bharat Coking Coal IPO, one of the most talked-about public issues, is scheduled to list on BSE and NSE on Monday January 19. The issue was worth Rs. 1,071.11 crores and was entirely an offer for sale of 46.57 crore shares.Investor response was overwhelming, with the BCCL IPO subscription reaching 143.85 times overall. The BCCL IPO price band was fixed at Rs. 23 per share, and bidding took place between January 9 and January 13, 2026. The allotment was finalised on January 14.

As of January 17, the BCCL IPO GMP stood at Rs. 12.1, indicating an estimated listing price of around Rs. 35.1 per share with a potential listing gain of over 52%.

Shadowfax IPO Opens for Subscription on January 20

Another major event next week is the opening of the Shadowfax Technologies IPO, which will hit the market on January 20th, and close on January 22. The IPO is a book-built issue worth Rs. 1,907.27 crores. The issue includes a fresh issue of shares worth Rs. 1,000 crores and an offer for sale of Rs. 907.27 crores. The Shadowfax IPO price band has been fixed at Rs. 118 to Rs. 124 per share.

Market sentiment around the IPO remains cautious but positive. The Shadowfax IPO GMP is currently Rs. 8, suggesting an estimated listing price of around Rs. 132, translating into a possible gain of about 6.45% over the upper price band.

The Shadowfax IPO allotment is expected to be finalised on January 23, while the tentative listing date on BSE and NSE is January 28.

Amagi IPO Allotment Expected on January 19

The spotlight will also be on the Amagi Media Labs IPO allotment, which is expected to be finalised on January 19 The Amagi IPO, a book-built issue of Rs. 1,788.62 crores, saw strong demand across investor categories.

The IPO consisted of a fresh issue worth Rs. 816 crores and an offer for sale of Rs. 972.62 crores. The Amagi IPO price band was set at Rs. 343 to Rs. 361 per share, and bidding was open from January 13 to January 16. The issue was subscribed 30.24 times overall.

As of January 17, the Amagi IPO GMP stood at Rs. 15.5, pointing to an estimated listing price of Rs. 376.5, which implies a listing gain of around 4.3%. The Amagi IPO listing is scheduled for January 21st