Coal India Limited IPO Message Board (Page 93)

GMP COAL INDIA RS.2000
THIS ISSUE IS GOING DISCOUNT IN FEW SECONDS...
BE PRAPARED..LOOTTTTTTTL LOOOOOTTTTTTTTTTTTTTTT

GRAY MARKET PRIMIUM
COAL INDIA KOSTAK PRISE ONLY..2500/-

Don't get carried away by rumours.Every 400 share applicant likely to get 263/264 shares.Sale in grey market and book profit is best strategy.

Gmp 38-39 app 8500

SJ where are you? Pl advise.

Aunty where are you? Pl advise.

Good IPO... wait and watch the losting !!

happy dipawali . 4-11-2010 ko coal india me 100000 ki app. par evry person 20000 rs earn karega. son and grand son ke lia bhi rakhoge to 500000 kamaoge.

coal india grey market price 11000

Coal India Listing on 4.11.10 in NSE & BSE, whether it is going to list in F&O segment or not.
what will be the impact of price at very 1st day if it will listing in Future, Please advise

Withdrawal of IPO

What is the procedure for withdrawal of IPO for those who applied through SBI - ASBA. Can any one tell where to go and step by step to be followed.

Jo 100 shares apply kiya h usee kitna milega jj

Retail will get some of Employee quota too !!

The fireworks are expected to begin on Novem-ber 4, a day before Diwali, for retail investors who have applied for Coal India’s mega initial public offer (IPO).

Retail subscribers will get a little less than half of the shares that they had applied for, as this portion was subscribed 2.3 times. Effectively, at least 173 shares will be allotted on full quota of application. The good news is that each of them may get another 10-15 shares from the employee quota, which was subscribed 0.10 times.

Over 60 million shares were reserved for employees. No bids were received for 54 million. Over 18.9 million shares will go to retail investors by the 35 per cent reservation methodology.

The allotment in Coal India (CIL) will thus be way higher than that of the Reliance Power issue in 2008, when investors got 17 shares against full application of 222 shares. The retail category in R-Power, which saw a poor listing, was subscribed over 13 times. CIL received 1.6 million retail applications, against R-Power's over 4.5 million.

Going by the Rs 30-35 grey market premium of CIL, the shares are likely to be listed at Rs 270-Rs 280 against the upper end of the price band of Rs 245. Add to this a 5 per cent discount to the category and retail investors will make Rs 40 on each share, if they decide to sell the shares on first day. This translates to gains of Rs 7,000 an application. A Mumbai-based broker said retail investors may get what they had been waiting for: Listing gains. The pricing has been fair, which is why the premiums in the grey market are not falling after the issue closed. Normally, premiums decline when an issue closes as investment bankers generate hype for the issue to get subscribed. Till date, over 300 million shares of CIL have been traded in the grey market, generating a turnover between Rs 1,000 and Rs 1,200 crore.

Stock brokers believe flipping of CIL shares will be high on November 4, when the issue lists. "A large number of CIL shares will change hands. Most retail applications were pre-contracted by merchant bankers or brokers, who were looking to corner the IPO for large institutions," said a Mumbai broker.

Brokers were renting demat accounts of retail investors for Rs 500-Rs 700 to corner the IPO.

The fight for a larger pie of CIL, the world's largest coal producer, was intense among top institutions, which was why the qualified institutional buyers portion saw subscription worth Rs 1.81 lakh crore for the IPO of over Rs 15,400 crore. The portion was subscribed 24.7 times and received 770 applications. The high net worth individuals category was subscribed 25 times.

Fair value rs.400, i want to buy 1000 shares at rs. 300 seller please contact us.

HNI's will get only 40 shares per 1200 shares,
since HNI quota got subscribed almost 25%
so there is huge demand in Grey mkt, which is fulfilled by retail investor. n'd they are also holding their application, hoping more potential.
it is expected for GMP to shoot up till 25th.

Forget abt past bad issues
This is not the same n will make big gains
This co is worlds largest coal producer
N if u remember even after hype of reel power it atleast listed at issue price
I hope sensible people understood n stop discus of past ipod

Coal india 1 month target 400 rs
Hold on n buy on opening within 300
This is a blue chip n short n long term gem

Dear SJ, SREEDHAR, GEM IPO, SAHARANPURI JI!!
your views on coal india ipo r eagerly awaitd
Pls share ur views.
i m gr8 admirer of u all!

i will be really happy person if it list near to 270-280 Rs. bcoz i past experience (NHPC,NMDC,NTPC,R-POWER) all this big ipo & fpo has not given so good return so if it trade in green (above 245)on listing day that will be best for me......

BURAI CHAHE KITNI BHI BADI KYU NA HO LEKIN WO SACHCHAI SE DO KADAM PICHHE HI REHTI HE.THATS THE FACT.

ITNI BADI COMPANY HE CASE TO HOGE HI,,DUSRI COMPANY ME BHI HOTE HE MINDWELL.

" Be a trendsetter in life instead of being just a trend follower."