Coal India IPO : Crisil Gives 5 out of 5

by khalid on 07/09/2010 · 3 comments

Coal India Limited is the largest coal producing company in the world. The company is a public sector undertaking of the Indian Government. It is involved in coal mining and production industry. The company is a Navratna company of Indian Government. The company is entering into primary market with an Initial Public Offer (IPO) of 631,636,440 Equity Shares of Rs. 10 each. The IPO is opening on 18th Oct 2010 and the shares will be available for subscription up to 21st Oct 2010. This IPO is one of the next PSU thats going to hit the primary market, The IPO has been given 5 out of 5 by Crisil . COAL India IPO has got 5 out of 5 by Crisil (rating agency) and this rating is best ever for any public sector and one of the best among all issues in last two years.The grade indicates that the fundamentals of the IPO are strong compared to the other listed securities in India.

Issue Detail:-
Issue Open : 18th Oct 2010 – 21st Oct 2010
Issue Type : 100% Book Built Issue IPO
Issue Size : 631,636,440 Equity Shares of Rs 10 each
Issue Size : Rs.14,000 Crores
Face Value : Rs 10 Per Equity Share
Issue Price : Rs. – Rs. Per Equity Share
Market Lot : Shares
Minimum Order Quantity : Shares
Listing At : BSE, NSE

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{ 3 comments… read them below or add one }

sandesh. y. September 20, 2010

hii,
plz plz plz i want 400 share of COAL INDIA LTD,
how to get it.

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sandesh. y. September 20, 2010

my contact no. is 9619598709 plz when share is issue plz call to me

Reply

khalid September 20, 2010

Hi Sandesh

COAL INDIA LTD is 5 out off 5 rating IPO and everybody should go for it. You apply for it through its Book Running Lead Managers like
1. Citigroup Global Markets India Private Limited
2. Deutsche Equities India Private Limited
3. DSP Merrill Lynch Limited
4. Enam Securities Private Limited
5. Kotak Mahindra Capital Company Limited
6. Morgan Stanley India Company Pvt Ltd
and then hope for allotment, wish you best of luck.

khalid

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