The mother of all IPO’s Coal India Limited is listing this morning. This IPO had garnered huge response from investors as was very well received. The price was fixed at the top end of the band of Rs 245. The grey market in this issue has been very active and the premiums have been fluctuating […]

The allotment of Coal India has been completed. The number of applications coming through ASBA or applications supported by blocked amount is increasing and in the case of Coal India the number was 3,13,175 applications for 684,00,61,150 shares. This means that almost all QIB and HNI applications are through ASBA and a mere 16-7-16.9% of […]

Coal India Limited shares have been credited to demat accounts on Sunday 31st October. Retail applicants who have applied for 400 shares have been allotted 199 shares. In the HNI category a similar 198 shares have been allotted to individuals who have applied for 4500 shares. The cost of application for HNI’s who used borrowed […]