Coal India Limited IPO Message Board (Page 119)

when would be the listing of tis coal india share would be
and when would be the allotment
plzzz any of u who knows can tell me plzz

Coal India is a black diamond. At Listing day 275 -295-305 Last 308 target.

total shares reserved for retailers app 20 crores
NSE- NEARLY 26 CRORES AT 15 00 HRS
BSE- NEARLY 11.5 CRORES

TOTAL 37.5 CRORES SHARES !!! MIND BLOWING FIGURES ( NEARLY 9200 CRORE RUPPES)!

RETAIL SUBSCRIOTION NEARING 2 TIMES !

at 3:30
GMP 100-120
enjoy

at 03:30
retail 50 times !!!

Subscription details

In retail
Reserved 198965479
Subscribed:261847575
!.31 times

ORIGINAL 1839 WITH ABUSIVE LANGUAGE APPEARS TO HAVE BEEN REMOVED. THANKS

At 1473. SJ & 1723 Ravi & others,
The total subscription at 2pm stands at 13 times. The total amount of money i.e., hard cash, is (13*15475 = Rs 2,01,175 crores) unlike the 10% paid up cash in case of Reliance power for the QIBs.
Now the only worry is about the lack of liquidity from the system. In simple terms this Rs 2,01,175 Crore is not available for the traders/investors/Brokers/QIB/FII/HNI for the next 12 days to operate in the secondary market
Just to put this in perspective, As per the data available from SEBI, The FII's have invested Rs 12,442 crore (USD 2.67 billion) during September 1-17 of 2010 & the rally in Sensex & Nifty was understadable.
How is this lack of liquidity going to affect the secondary market? As I see, the sensex is up by 384 points, trading at 20270 at 3pm, 21st October 2010.
I would like watch the market for the next 5-10 days & see how the secondary markets react to this rather unique situation.

Your thoughts & comments are welcome.

Regards,
Sundaram.J.S.

I applied on HDFCSEC but still it shows underprocess is that normal.
CJ

@sharekhan most issues close by 2:00PM online. You can still visit your nearest branch and try submitting a paper application along with cheque upto 3:30PM

dont forgot,if employes quota nt subscribe,than tht 4-5 crore share allot to retaliers,tht nice it means we get more share,more profit,happy investing

If the issue is not hugely oversubscribed in retail, it is good for retail investors whoever have applied as more shares will be allocated and hence handsome profits. It's fair value is 265-310 based on various brokerage houses. Also it is issued 30-40% discount to global peers based on EV/EBIDTA but with the same P/E as global peers. 5% discount is given for retail, hence our price comes to 233 and if the market is good it will list above 300 and suppose the market is bad due to any global surprises which is unlikely till Coal India lists it wont come below issue price. So more margin of safety is there. Also governmenet is having plenty of FPO and IPO piepline in this fiscal (POWERGRID FPO, ONGC FPO, IOC IPO, Shipping Corporation of India IPO, Mangenese ore IPO, SAIL FPO) which are targeting a public fund raising more than 30000 crore, so government taking this account has very fairly priced Coal issue and as is power deficit country, there will no shortage of demand.

Hence who applied, enjoy maximum gains.

Who did not apply, try to buy atleast during listing as this is a multibagger for longer term.

Only for short of time, closing this post::))-

Coal India Limited IPO
Category overSubscription
QIB 24.70
HNI 13.71
RET 1.59
EMP 0.07
Total 13.47 TENTATIVE

In this regard, an article in Economic Times has quoted a trader - "I decided to take a Rs 9-crore loan for the Coal India IPO so that I can leverage my own fund of Rs 1 crore. This would increase my chances of getting more shares in the allotment 10 times and help me make a killing."

Surely, a 10% gain (assuming that he get entire allocation of Rs 10 crore) can double his net worth almost overnight but a 10% fall can also wipe out his entire net worth. And it is this downside that he is not paying any attention to. Indeed, this kind of speculation is what has led to the downfall of many investors in the past. And is bound to do so in the future

can somebody tell me when is the IPO application closing time in sharekhan?

At 2:00PM NSE+BSE
Retail: 1.03+0.56= 1.6
HNI: 7.55+6.16 = 13.71

It is likely to cross 3.5 times in retail by day end. Very encouraging to see response from HNI, who will be pushing up the price on listing.

ANNONYMOUS 1839 - MESSAGE POSTED BY YOU MUST HAVEBEEN READ BY YOUR FATHER/MOTHER,BROTHER/SISTER, SON/DAUGHTER. WHAT IMPRESSION THEY WOULD GET ABOUT U. THIS SHOWS THE FAMILY YOU BELONG TO OR YOUR PARENTAGE.

@1835. Anonymous

If you subscribe for 6 lots ( 150 shares ) and if at the end of the day retail subscribe 3 times ( approx ) then

150/3 = 50 shares ( 2 lots , it can be 51-52 depending on spi11over from employees and technical rejection ) you are eligible to get.

Calculate on your own at end of the day.

1848 closing time is 16.00

Total Subscription figures upto 14.00 hrs on NSE and 14.12 hrs on BSE:

QIBs- 24.70
NIIs- 13.71
Retail- 17.59
Employees-0.07
Total- 23.47 times