The IPO of Coal India Ltd., the world's largest coal miner, is expected to hit the markets by October, 2010. According to the company's website, Coal India Limited (CIL) - a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, has its Headquarters in Kolkata, West Bengal
Citigroup Global Markets India Pvt. Ltd, Deutsche Equities (India) Pvt. Ltd, Bank of America Merrill Lynch, Enam Securities Pvt. Ltd., Kotak Mahindra Capital Co. Ltd. and Morgan Stanley India Co. Pvt. Ltd. are the Book Running Lead Managers to the Issue
Currently, the Government of India holds 100% Equity in the Company. The Government is proposing to sell 10% of its stake through the IPO. Coal India Ltd. has already filed Draft Red Herring Prospectus with Securities and Exchange Board of India. The Equity Shares of Coal India Limited are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)
Sunday, August 15, 2010
Coal India IPO likely in October
Tags
# Coal India IPO
# Coal India Limited IPO
# Coal India Ltd. IPO
# IPO in 2010
# Upcoming IPO
# Upcoming issues
![Author Image]()
About IndianIPOBlog
Soratemplates is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of soratemplates is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment