The price at which shares of Coal India will be allotted to all categories of investors has been finalised at Rs 245. The price band was Rs 225-245 and the issue received excellent response being oversubscribed 15.28 times. Through the IPO the government would have raised Rs 15,475 crs and the market capitalisation of the […]

Coal India Limited issue received excellent response even in the HNI category where the issue was subscribed 25.4 times and the retail category where the oversubscription was 2.31 times. It was only the employee category where the subscription was a mere 0.10 which did not receive adequate response. The overall subscription was 15.28 times. The […]

Coal India Limited which is tapping the capital markets with an offer for sale of 63.16 cr shares in a price band of Rs 225-245 received excellent response from QIB investors on the last day for QIB subscription. The issue closed for QIB’s today and closes for all other categories of investors. On the last […]