TEN STRONG REASONS FOR INVESTING IN COAL INDIA IPO. (FIRST CHOICE IPO) 1. Largest coal producer in the world. 2. Largest coal reserve holder in the world. 3. Coal India’s accounts for nearly 82% of total coal produced in the country. 4. Strong financial position and cash balance of Rs 9130 cr, as on 31-03-10. 5. Net profit of Rs 9622cr for the FY 10, on a turn over of Rs 52592cr. 6. Favorable production cost, compared to imported coal. 7. Excellent track record of growth and cost efficient operations. 8. Strong capabilities for exploration, mine planning, research, and development. 9. Average RONW in the last 3 years is 30.29%. 10. A ‘NAVRATNA’ and many of its subsidiaries are mini RATNAs. INVEST.
Total Issue Size 631636440 Total Bids Received 55186775 Total Bids Received at Cut-off Price 107425 No. of times issue is subscribed 0.09 Bid and Quantity for Coal India Limited
At BSE Last updated on Monday, October 18, 2010 10:33:42 AM Price(Rs.) BSE Quantity 245.00 215950 Cut-off 203000
now pubLIc can decide if ARYAN RAJ IS A FAKE OR NOT AND SAY HIM SO!!
this is the one of the best ipo since last 4 years, indias one of the largest coal india company, this built monopoly in the stock market as its only the company which has capability to change the coal requirement
IPO Application for Coal India through ICICI Direct is not enabled yet? Anybody else facing the same problem?
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October 18, 2010 9:31:57 AM
IPO Guru (2500+ Posts, 2700+ Likes)
THE ISSUE HAS OPENED TODAY ONLY 1 LAKH FOR RETAIL INVESTORS SEBI HAS STILL NOT ISSUED ORDERS FOR 2 LAKH THIS IS AN SENSITIVE ISSUE FOR INCREASE THE LIMIT TO 2 LAKH HENCE WE HAVE TO STILL WAIT DO NOT PANIC
KOSTAK 1 LACS - 2500, 2 LACS- 5000 SHARE - RS 15 IN JAIPUR RS 13 IN AHMEDABAD RS 14 IN DELHI RS 12 IN U.P. CONFIRMED & UN BEATABLE RATES. EVERY BODY WITH 2 LAC APPLICATION WILL GET APPROX. 75 SHARES