Coal India IPO Allotment And Listing Price


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.

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.


Related Articles

What is Initial Public Offer (IPO) and Book Building

There are many ways in which corporates raise capital from the Primary Market such as Initial Public Offerings (IPOs), Rights issue of shares, or private placement. Selling of securities to the general public through the primary market is known as IPO. The main feature of IPO funds is that such source of funds has no definite maturity as far as the corporate is concerned..

BSE Ends the day with modest gain

BSE ends the day with modest gain. Today both NSE and BSE indices closed flat. The Sensex or sensitive index of Bombay Stock Exchange ended with a 33 point gain. Consumer durables and metal sector witnessed buys. The Sensex closed at 18032.11 points, with a marginal increase of 0.19 percent or 33.7 points over Friday's closing rate at 17998.41 points.

What are Bonus Shares ?

Bonus shares are shares issued free to the members of the company whose names appear in the Register of Members as on the specified date. These are capitalized from out of the General Reserves of the company. In other words a company with a capital base of Rs 25 crores has Rs 500 crores in its General Reserve. Now if the company decides to capitalize some part of the General Reserve say Rs 25 crores it is issued in the form of Bonus Shares.

What is A Depository Participants – How it works ?

Today we will discuss about Demat shares. Depositary Participants and the procedure and processes involved in getting the physical securities converted into electronic form. When we have currency notes with us we either hold it in physical form or deposit it in the Bank. But for all practical purposes cash in hand and bank balance is treated as "Physical" only in as much as the cash at Bank is any time encashable

Coal India Ltd IPO oversubscribed by 8 times

The Initial Public Offer (IPO), of Coal India Ltd., with an offer to sell shares worth $3.5 billion got a tremendous response from the investing public. The issue closes on Wednesday for institutions while for retail investors, the issue closes for subscription on Thursday, 21 October 2010.

More articles: Share Market Tips

Comments

No responses found. Be the first to comment...


  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name:
    Email: