Coal India Limited has offered investors a withdrawal option to withdraw their applications due to some typographical errors in Company's standalone summary statements of profit and loss in the Red Herring Prospectus (RHP). Coal India Limited IPO investors (including QIB Investors) can withdraw their application till Monday, October 25, 2010
Coal India IPO closed on Thursday, October 21, 2010 and was oversubscribed 15.28 times, with Retail Category getting overbid 2.31 times. The withdrawal option may delay the allotment and listing of the IPO to some extent. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal
Coal India Limited IPO closes for subscription today, i.e. on Thursday, October 21, 2010. The IPO has managed to garner good response from the investors, especially from the QIB Category, which is oversubscribed 24.70 times till Day 3, i.e. till Wednesday, October 20, 2010, when the subscription for the category closed. The Retail Category is also subscribed fully till Day 3, with the subscription in the category being 1.10 times
Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal
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Coal India IPO is bid 1.57 times till Tuesday, October 19, 2010 1600 hrs IST, as per data available on NSE website. The Retail Category has been subscribed about 20% till 1600 hrs IST.
Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal
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The Price Band for Coal India IPO is Rs.225/- to Rs.245/- per equity share. The Retail Investors and Employees are entitled to a 5% discount on the Issue Price. The company aims to raise more than Rs.15,000 Crores through the IPO
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.
The Price Band for the much talked about Coal India IPO has been fixed at Rs.225/- to Rs.245/- per equity share. Coal India IPO, the IPO of the world's largest coal miner, will open for subscription from Monday, October 18, 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.
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 Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal. Stay tuned for more on Coal India Limited (CIL) IPO!
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.
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.
Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal. Stay tuned for more on Coal India Limited (CIL) IPO!
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)
Coal India Limited, is planning an Initial Public Offer, which may hit the markets by October, 2010. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal.
The Government expects to garner up to Rs.12,000 crore through this IPO. According to the Company's website, CIL is the single largest coal producing company in the world and the largest corporate employer in the country with manpower of 409,332 (as on 1 July 2009)
Stay tuned for more on Coal India Limited (CIL) IPO!
Coal India Limited, may come up with an Initial Public Offer, in August, 2010. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal.
According to the Company's website, CIL is the single largest coal producing company in the world
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