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Coal India IPO is a book built issue of Rs 15,199.44 crores.
Coal India IPO bidding started from October 18, 2010 and ended on October 21, 2010. The shares got listed on BSE, NSE on November 4, 2010.
Coal India IPO price band is set at ₹225 to ₹245 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,125.
Citigroup Global Markets India Private Limited, Deutsche Equities India Private Limited, Bofa Securities India Limited, Axis Capital Limited, Kotak Mahindra Capital Company Limited and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the Coal India IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Coal India IPO RHP for detailed information.
| IPO Date | October 18, 2010 to October 21, 2010 |
| Listing Date | November 4, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹225 to ₹245 per share |
| Lot Size | 25 Shares |
| Total Issue Size | 631,636,440 shares (aggregating up to ₹15,199.44 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Coal India IPO offers 631,636,440 shares. 284,236,398 (45.00%) to QIB, 85,270,919 (13.50%) to NII, 198,965,479 (31.50%) to RII, 63,163,644 (10.00%) to employees. 7,958,619 RIIs will receive minimum 25 shares and (sNII) and (bNII) will receive minimum 825 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 284,236,398 (45.00%) | NA |
| NII (HNI) Shares Offered | 85,270,919 (13.50%) | |
| Retail Shares Offered | 198,965,479 (31.50%) | 7,958,619 |
| Employee Shares Offered | 63,163,644 (10.00%) | NA |
| Total Shares Offered | 631,636,440 (100%) |
Investors can bid for a minimum of 25 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,125 |
| Retail (Max) | 32 | 800 | ₹196,000 |
| Lot Size Calculator | |||
Coal India Limited is the largest coal producing company in the world, based on raw coal production of 431.26 million tons in fiscal 2010. Coal India produce non-coking coal and coking coal of various grades for diverse applications.
As of March 31, 2010, Coal India operated 471 mines in 21 major coalfields across eight states in India, including 163 open cast mines, 273 underground mines and 35 mixed mines (includes both open cast and underground mines). They also operated 17 coal beneficiation facilities with an aggregate designed feedstock capacity of 39.40 million tons per annum. Company intend to develop an additional 20 coal beneficiation facilities with an aggregate additional proposed feedstock capacity of 111.10 million tons per annum. Besides this, They provided 85 hospitals and 424 dispensaries.
The Indian Institute of Coal Management (IICM) operates under CIL and imparts multi disciplinary management development programs executives.
Coal India's major consumers are the power and steel sectors. Others include cement, fertiliser, brick kilns etc.
The objects of the Offer are to carry out the divestment of 631,636,440 Equity Shares by the Selling Shareholder and to achieve the benefits of lisitng the Equity Shares on the Stock Exchanges.
The Coal India IPO is subscribed 15.28 times on October 21, 2010 10:30:00 PM. The public issue subscribed 2.31 times in the retail category, 24.70 times in the QIB category, and 25.40 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 24.70 |
| NII | 25.40 |
| Retail | 2.31 |
| Employee | 0.10 |
| Total | 15.28 |
CRISIL has assigned an IPO Grade 5 to Coal Indid Ltd IPO. This means as per CRISIL company has 'Strong fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Coal India Ltd.
Coal India Ltd IPO, Coal India IPO, Coal India IPO Bidding, Coal India IPO Allotment Status, Coal India drhp and Coal India Ltd IPO listing.
| Listing Date | November 4, 2010 |
| BSE Script Code | 533278 |
| NSE Symbol | COALINDIA |
| ISIN | INE522F01014 |
| Final Issue Price | ₹245 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹245.00 |
| ₹287.75 |
| ₹287.45 |
| ₹344.75 |
| ₹342.35 |
| NSE |
|---|
| ₹245.00 |
| ₹291.00 |
| ₹291.00 |
| ₹344.90 |
| ₹342.55 |
Coal India Limited
Coal Bhawan,
10, Netaji Subhas Road,
Kolkata 700 001, West Bengal
Phone: + 91 33 2248 8099
Email: complianceofficer@coalindia.in
Website: http://www.coalindia.in
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cil.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Lead Manager Reports
Coal India IPO is a main-board IPO of 631,636,440 equity shares of the face value of ₹10 aggregating up to ₹15,199.44 Crores. The issue is priced at ₹225 to ₹245 per share. The minimum order quantity is 25 Shares.
The IPO opens on October 18, 2010, and closes on October 21, 2010.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Coal India IPO opens on October 18, 2010 and closes on October 21, 2010.
Coal India IPO lot size is 25 Shares, and the minimum amount required is ₹6,125.
You can apply in Coal India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Coal India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Coal India IPO allotment status.
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IPO Guru (2500+ Posts, 2700+ Likes)
Can somebody help me how to get my refund of coalindia money.
i was neither alloted nor i am getting a proper response from linkin time.
Appreciate if somebody throws some light on this