Coal India IPO Allotment & Listing
The allotment details for Coal India Ltd can be accessed at the Registrar's website online . Investors who had applied for 400 shares will get 200 shares credited to their demat account, the allotment ratio being 1:2. The refunds are being handled by ICICI, HDFC and SBI and is expected to be credited before the listing of the scrip on November 4, 2010.
Listing of Coal India Ltd.
The listing of Coal India Ltd is expected on November 4, 2010. While the exact premium on listing could not be explained with 100 percent accuracy, many analysts predict a robust listing price with premium varying 30 to 35 percent
Sensex to touch 21000 by Diwali 2010
Market pundits opine the Sensex benchmark index of Bombay Stock Exchange (BSE) to touch 21000 by Diwali this year The date of listing of Coal India on a day prior to Muhurat Trading day on November 5, 2010 is expected to give a boost to sensex record of 21000 this Diwali.
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