Coal India Limited which is likely to tap the capital markets in October November 2010 becomes the first company ever to be awarded the full rating for an IPO. CRISIL has awarded the company a rating of 5/5 for its planned IPO. The grade indicates the excellent fundamentals of the company. It however does not express an opinion on probable price or how it would be priced.
Coal India is the largest producer of coal in the world and accounts for 81% of the coal production in the country.