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Monday, September 6, 2010

Credit Rating Agency CRISIL has assigned an IPO Grade 5/5 to the proposed IPO of Coal India Ltd. (CIL) The grade indicates that the fundamentals of the IPO are strong relative to the other listed equity securities in India

Coal India IPO, the IPO of the world's largest coal miner, will open for subscription from Monday, October 18, 2010 and would remain open for subscription till Thursday, October 21, 2010. The Book Running Lead mangers to the issue are Citigroup Global Markets India Pvt. Ltd., Deutsche Equities (India) Pvt. Ltd., DSP Merrill Lynch Ltd., ENAM Securities Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and Morgan Stanley India Company Pvt. Ltd.

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