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Coal India Limited IPO Message Board (Page 61)

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2991. ipoforu |   Link |  Bookmark | October 26, 2010 11:15:55 PM
Coal is real black diamond. It is worth is even Rs.400. one year down the line.
Investor /holders do not even sell at Rs.300. Hold it for more than 1 year. It is PFC/ REC/Oil india story and not NHPC/ Sutlaj story.
2990. NANDA ANIL |   Link |  Bookmark | October 26, 2010 11:03:56 PM
Thanks a lot, ajayshare
2989. subhash jain |   Link |  Bookmark | October 26, 2010 11:01:23 PM
Coal india ltd. listing @299 to 319,enjoy diwali dhamaka.cont/no.09322224244.
2988. Ajayshare |   Link |  Bookmark | October 26, 2010 11:00:09 PM (200+ Posts)
2999. sdz : share may be list above 287/- and will touch 320/-.
2987. Ajayshare |   Link |  Bookmark | October 26, 2010 10:58:02 PM (200+ Posts)
2998. NANDA ANIL : DON'T WORRY. IT IS RIGHT.
2986. sdz |   Link |  Bookmark | October 26, 2010 10:44:25 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Price bid applications also include bids at Rs 245. Please correct if i'm wrong. If included, for retail it is 2.1x (190 shares) else around 1.8x (220 shares). After rejections 2x (200 shares) else 1.7x (235 shares). Also i think it'll list at 280 and trade in the range of 270-300 for a week or so.
2985. NANDA ANIL |   Link |  Bookmark | October 26, 2010 10:40:34 PM
I HAD APPLIED FOR 400 SHARES AT 245. NOT APPLIED AT CUT OF PRICE. IS IT A PROBLEM.
2984. Bj |   Link |  Bookmark | October 26, 2010 9:58:18 PM

Guys,
At cutoff retail is subscribed 1.78 times after adding 35 percent of unallocated employee shares.
So retail should be getting 222 for full application
2983. sumit bagla |   Link |  Bookmark | October 26, 2010 8:11:33 PM
SUBSCRIPTION FIGURE IN THE RETAIL SEGMENT WILL BE 2.1 TIMES AFTER ADJUSTING THE EMPLOYEE QUOTA. CONSIDERING REJECTION OF SOME OF THE APPLICATIONS DUE TO TECHNICAL ERRORS AND UNDER BIDDING IT IS EXPECTED THAT THE RETAIL SUBSCRIBERS WILL AT LEAST GET 50 % OF SHARES APPLIED FOR.
2982. sumit bagla |   Link |  Bookmark | October 26, 2010 8:04:35 PM
Retail Portion can be maximum of 35% of the total issue size. currently shares offered are 35% of total issue size less employee quota. So the maximum shares that could be offered to the retail category is 35% of the unsubscribed portion of the employee quota
2981. MSB ETRADE |   Link |  Bookmark | October 26, 2010 8:03:42 PM
fifty fifty allotment mil bhi sakta hai nahi bhi
2980. j manikandan |   Link |  Bookmark | October 26, 2010 7:53:16 PM
i was applied 25 share @ 245 as a retail investor. it is possible to get the allotment?
2979. MSB ETRADE |   Link |  Bookmark | October 26, 2010 7:25:15 PM
pls tell me anybody where going employee quota share some people say diffrent diffrent think
2978. DAY TRADER |   Link |  Bookmark | October 26, 2010 6:11:42 PM
Coal India Limited
From Wikipedia, the free encyclopedia
Coal India Limited

Type      State-owned
Industry      Coal & Lignite
Founded      1975
Headquarters      Kolkata, West Bengal, India
Key people      Partha S Bhattacharyya, (Chairman)
Products      Coal
Revenue      ▲ 45,797 crore (US$10.4 billion)[1] (2008-09)
Net income      ▼ 2,079 crore (US$471.93 million) (2008-09)
Employees      397,138 (March 31, 2010)
Website      Coalindia.in
Coal India Limited (CIL) is an Indian state-owned coal company headquartered in Kolkata, West Bengal, India and the world's largest coal miner with revenue exceeding Rs 45,797 Cr or $10.3 billion U.S. (FY2008-09).[2][3] It is owned entirely by the Union Government of India, under the administrative control of the Ministry of Coal. It is involved in coal mining and production industry.
In 2010, CIL's IPO got subscribed 15.28 times, collecting a record over Rs 2,40,000 crore (Rs 2,400 billion). This is highest IPO subscription so far. [4]
Contents [hide]
1 History
2 Reviving of abandoned mines
3 See also
4 References
5 External links
[edit]History

Coal India Limited was formed in 1975 as a holding company with five subsidiaries:
Bharat Coking Coal Limited (BCCL)(Dhanbad, Jharkhand)
Central Coalfields Limited (CCL)(Ranchi, Jharkhand)
Western Coalfields Limited (WCL) www.westerncoal.gov.in(nagpur region)
Eastern Coalfields Limited (ECL)(Asansol, West Bengal)
Central Mine Planning and Design Institute Limited (CMPDIL)(Ranchi, Jharkhand)
Indian Institute of Coal Management (IICM)(Ranchi, Jharkhand)
Several years later, three more subsidiaries were added:
Mahanadi Coalfields Limited (MCL)(Sambalpur)
South Eastern Coalfields Limited (SECL)(Bilaspur)
North Eastern Coalfields Limited (NECL)(directly under control of coal india limited)
Northern Coalfields Limited, Singrauli (NCL,Singrauli)
[edit]Reviving of abandoned mines

Coal India Ltd (CIL), will extract coal from 18 abandoned underground mines owned by three of its subsidiaries in partnership with private players. Underground mining would be revived in 6 abandoned mines of Eastern Coalfields, 8 mines of Bharat Coking Coal, and 4 mines of Central Coalfields. These 18 mines have an approximate reserve of 1,647 million tonnes of coal.[5]
CIL contributes around 85% of coal production in India. It is the largest company in the world in terms of coal production. It employs nearly 4.25 lakh person and is the largest corporate employer in the country. It is one of the largest companies in the country, with turnover being around Rs. 386.31 billion in 2007-08. It is one of the largest tax payer (Corporate Tax Rs.35.75 billion) in 2007-08 and has paid Dividend of Rs17.054 billion to the Govt. of India in 2007-08.

what a great company
it is a dimond in long term like sbi the investment in coal india will come out in dividends only
2977. DAY TRADER |   Link |  Bookmark | October 26, 2010 6:03:48 PM
iam looking to sell coal india above 300
2976. Traderinvester |   Link |  Bookmark | October 26, 2010 5:49:28 PM
Looking at current mining stocks P/E =25 , Coal india should list between 300 to 375
15 x 20 = 300
15 x 25 = 375
If market cosiders year 2011-12 earning estimate it will cross
400
2975. Traderinvester |   Link |  Bookmark | October 26, 2010 5:39:10 PM
As per Saiprakash Jaswal , Only 35 % of un suscribed employee share will be allocated to retails 50 % to QIB and rest to HNI
So total oversuscription is reduced from 2.3 to 2.09
So all who have applied at cutoff or 245 will get maximum half of the allotment
2974. PRANAV MUKERJI |   Link |  Bookmark | October 26, 2010 5:01:46 PM
To,
Sir,
2989. Rlc

D E F I N I T E L Y Y O U W I L L GET ALLOTMENT IN BOTH CATEGURY

BECAUSE YOU ARE LIKE JANWAI SA OF THE CO.
.
2973. Rlc |   Link |  Bookmark | October 26, 2010 4:46:40 PM
I HAVE APPLIED IN EMPLOYEE QUOTA AS WELL AS IN RETAIL INVESTOR, WILL MY I GET FROM BOTH THE APPLICATION.
2972. asim |   Link |  Bookmark | October 26, 2010 4:40:16 PM
murali reddy, u will not get a single share as price fixed is rs. 245/-