Coal India IPO Allotment Status 2010

Coal India IPO Allocation Status and Coal India IPO allotment date can be checked here that Coal India IPO of Rs. 245 per share, in the upper price range. Coal India IPO allotment received an overwhelming response, and thus was oversubscribed within a day's run, but experts have now identified, the funds that were added will now be transferred to the PSU issues pending or secondary market. The Government will raise $ 3.5 billion from the IPO.


Coal India IPO Allotment date: Coal India's shares will be listed on November 4, 2010 and allotment of shares can be credited to demat accounts from November 1. Coal India IPO Allocation Status is included as part of the Retail Coal India IPO was oversubscribed by 2.31 times. The only part that was undersubscribed in Coal India IPO, the portion reserved for employees who had subscribed only 0.1 times or 10 percent. The money was used during the internship will indirectly frame back to the secondary market and will come back.

This was because the employees' unions have opposed the sale of Coal India and had instructed its members not to apply for a coal India IPO. The Power Grid IPO is expected to open November 9, 2010. Merchant bankers have indicated that more than 15 lakh retail industry has come in the Rs 15,000 crore issue. Experts also emphasize that private investors are all talented when it comes to the IPO allocation mathematics.