Coal India Limited IPO Message Board (Page 86)

Can someone tell me, how would CIL refund the remaining amount after allotment of shares. As last time i remember Power Grid refund came through by DD and that created lot of problems.

latest gmp for coal india is rs.30000/-per applicatoinof 1lac

Dear 2579 Anonymus,

Please write to the Registrar - Link Intime India Pvt.Ltd.-immediately. Address, E-mail ID, Telephone no., Fax. No. and contact person's name of the Registrar are available at the bottom of the IPO Form. Contact him by all modes and provide him with details of your application. Request him to correct the PAN No. in the bidding file and other data records. If he corrects your PAN before allotment, you will get your shares ; otherwise not.

TCB

COAL INDIA'S

LISTING IS IN 4 th NOV.

LAXMIPOOJAN ( DEEPAWALI ) IS ON 5 th NOV.

THIS DEEPAWALI WILL GIVE HANDSOME RETURNS

TO COAL INDIA'S INVESTORS

H A P P Y - D E E P A W A L I IN A D W A N C E



.

almost 60 to 70% of retail applications have been sold in grey market at kostak rates between 4000 to 6000.....people have still memories of rel power that is why everyone was very cautious...now a large chunk of retail allotments is already in the hands of large operators or hni's...definitely oversold in greymarket and a little bit of buying from institutional side sill spike the price on listing... seems going to be a bumper diwali bonanza for all who have applied but not sold in grey market

what is the latest gray mkt rate

what is the meaning of KOSTAK RATE

IN 2 0 0 7

POWER GRID I P O

I P O PRICE WAS Rs.52


GREY MKT. TRADED Rs.25 PREMIUM ( MAXIMUM )

BUT LISTED Rs.109

STRATEGY OF LISTING OF

COAL INDIA IS ..... ? ............ ??.................???

MUCH MUCH MUCH BETTER

THAN POWER GRID


.

I do agree with Gama.. What these moderators are doing... Site is becoming a waste now a days.

kostak Rs.7000 m 9924154719

It seems Coal India IPO's Bankers didn't even wait for the last date of withdrawal i.e. 25th & my account got debited today since I had applied through cheque.

oversold in grey market

the premium is up because huge demand in grey market

kostak 11000/12500

why premium up? what is happend? in ipo

koshtak 10500

DEAR, ALL REMEMBER THAT DO NOT MAKE ANY BLUNDER TO SELL COAL INDIA SHARE ON LISTING.IF YOUR POCKET PERMITTING PURCHASE MORE SHARES.IT IS A BLUNDER MISTAKE OF GOVT OF INDIA TO SELL GOLD AT A PRICE OF SILVER.FORGET CURRENT PRICE LOCK IT AS IT IA N.S.C AS FOR 7 YEARS.SEE THE DIFFERENCE.LUCK NEVER RUN AFTER YOU SEVERAL TIMES .LOCK COAL INDIA SHARE FOR 7 YEARS & YOU ARE IN THE LIST OF CROREPATI

Coal India Ltd Reserved for Retail 198965479
Reserved for employees: 63163644
Less:applied at cut off 6174300
unsubscribed employees portion 56989344
35% of unsubscribed employees portion to be alloted to retail investors 19946270
Total available for retail 218911749
retail investor applied at cut off 392048500
i.e 1.79 times
As such every one applied for 400 shares will get 223 shares.(400/1.79)

coal indian share will be a legacy share.Remember what happend o.n g.c and oil india

Allotment will be done on 1 st Nov , Refund will start from 2 Nov. As Link Intime India is the Registrar of this issue, the service will be very fast. You will get email from Link Intime India about the allotment on 1 nov.

Finaly the big day 4 Nov will be the listing day !!

Cheers,
Priyanka