Posts Tagged ‘Coal India’

Coal India IPO Allotment status: Retail versus HNI

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 […]

Coal India IPO allotment price finalised at Rs 245

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 Notice to Investors

Coal India has issued a notice to investors offering them an option to withdraw their bids upto Monday the 25th of October. The notice is appended below. What makes interesting reading is the fact that Friday the 22nd of October is the last date for making corrections to bids received. There is no bank clearance […]

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