Coal India Limited IPO (Coal India IPO) Detail

Oct 18, 2010 - Oct 21, 2010

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.

Objects of the Issue:

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.

Coal India IPO Details

IPO Opening DateOct 18, 2010
IPO Closing DateOct 21, 2010
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹225 to ₹245 per equity share
Market Lot25 Shares
Min Order Quantity25 Shares
Listing AtBSE, NSE
Issue Size631,636,440 Eq Shares of ₹10
(aggregating up to ₹15,199.44 Cr)

Coal India IPO Lot Size

The Coal India IPO market lot size is 25 shares. A retail-individual investor can apply for up to 32 lots (800 shares or ₹196,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum125₹6,125
Maximum32800₹196,000

Coal India Ltd IPO Grading / Rating

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 IPO Tags:

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.

IPO Notices

External Link

Coal India Limited IPO Withdrawal Option

Note: Coal India Limited IPO investors can withdraw their application till Monday Oct 25, 2010. This option is given to investors because of a critical error in the financial statement of the company. For more info check BSE Notice.

Coal India IPO Subscription Status (Bidding Detail)

The Coal India IPO is subscribed 15.28x times on Oct 21, 2010 22:30. The public issue subscribed 2.31x in the retail category, 24.70x in the QIB category, and 25.40x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

24.70x

NII

25.40x

RII

2.31x

Employee

0.10x

Total

15.28x

Coal India IPO Prospectus

Coal India IPO Rating

1875
4.5
Rating:Rated 4.5 stars

Vote Here ...

Coal India IPO Listing Date

Listing DateThursday, November 4, 2010
BSE Script Code533278
NSE SymbolCOALINDIA
Listing InB
ISININE522F01014
IPO Price₹245 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹245.00
₹287.75
₹287.45
₹344.75
₹342.35
192,839,607
NSE
₹245.00
₹291.00
₹291.00
₹344.90
₹342.55
479,716,245

Coal India IPO Reviews / Ratings

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Company Contact Information

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

Coal India IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: cil.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Coal India IPO FAQs

  1. What is Coal India IPO?

    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 equity share. The minimum order quantity is 25 Shares.

    The IPO opens on Oct 18, 2010, and closes on Oct 21, 2010.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Coal India IPO will open?

    The Coal India IPO opens on Oct 18, 2010 and closes on Oct 21, 2010.

  3. What is the lot size of Coal India IPO?

    Coal India IPO lot size is 25 Shares and the minimum order quantity is 25 Shares.

  4. How to apply for Coal India IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Coal India IPO allotment?

    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.

  6. When is Coal India IPO listing date?

    The Coal India IPO listing date is on Thursday, November 4, 2010.

Coal India IPO Message Board

Ranked Members  Ranked Members

Loading...
4191. maturi |Dec 9, 2010 15:41
dear all,

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
4190. YESH |Dec 7, 2010 17:08
Bhatiah sir,
Now it is confirm that you do not have the valid application.
There could be three possibilities
1.      If they (intime) identify the discrepancy (DP NO) before the allotment they would have rejected the application on technical ground.
Or
2.If they could not identify the discrepancy ( DP NO) they must have allotted shares to you, but as they do not have valid bank no and DP no they are un able to proceed.
Or.
3 they might have deposited the share to that wrong DP no and also credited the balance amount liked with DP. ( this is very remote chances)

In both 1 & 2 cases they do not have valid postal address for you or any bank details, they need time .
What we can do is ,if possible visit nearby intime office personally and clarify the mater or call them. I assume that they are very busy no a days. we have to find out 1 or 2 or 3.
It is our fault and their decision is final.
Best luck.
4189. Bhatiah |Dec 7, 2010 16:13
Dear Yesh thank for your reply. I have all the detail with me. But registrar is not giving any reply.As per my verification ,some mistake is made by the collecting agent Ms FAIRWEALTH SECURITIES LTD, for the application. Probably he mapped wong client Dp ID.
4188. B jain |Dec 7, 2010 00:10
ANY IDEA WHEN COAL INDIA IS COMING IN FNO FOR TRADING.

GOVT. MEDIA FOOLED INVESTORS BY SAYING ITS LISTING IN FUTERS ON LISTING DAY ITSELF. STILL NO INFORMATION WHEN & WHETHER IT WOULD.??????


INVESTORS INTEREST IS NOT AT TAKEN CARE OF.
4187. YESH |Dec 6, 2010 14:09
Bhatiah sir,
First off all you must ensure that you have a valid application
i.e
1. you need to get the exchange confirmation no from the broker.
2. You also need to ensure you have filled up the correct Demat and PAN details.
3. You have also to ensure that there is no multiple applications.
4. You try to get the copy of the cheque that has been paid.
5. Get a copy of acknowledgement slip duly stamped.
All the above will ensure that you made a technically valid application.

you have to find out where the link is broken. You need to get some shares if you have a valid application where these shares are now?
By the way sir, looking to your experience why you have not made the application via ASBA ?
Please share your experience.
4186. Bhatiah |Dec 6, 2010 13:27
Link Intime is worst REGISTRAR TO IPO/FPO.I am in sharemarket for the last 42 years and and have dealt with number of Registrars .Link intime is worst ,I have ever come accross . I applied for 350 equity shares in COAL INDIA LTD vide application 28333421 in the name JAGJIT SINGH BHATIA for 350 shares. Even after 12 reminders they have not replied a single Email.Not oly this ,they ignored my SPEED POST letter. Now ,I have approached SEBI,let us see ,what they can do. But ,my hard earned money of Rs 85750/= is held up.I fear some fraud.
4185. Chem cho |Dec 5, 2010 20:35
IPO Guru IPO Guru (2000+ Posts, 2000+ Likes)
COAL INDIA
COAL INDIA LOW WILL BE 310 UPTO 5850 INDEX AND HIGH AT THE DAYS OF LISTING WAS 356 AVERAGE OF TWO IS RS 333 COAL INDIA HAS AN RESISTANCE WHEN IT COMES TO RS 333 IT CAN CLIMB ABOVE THAT ON THAT DAY BUT IF CLOSES ABOVE RS 335 ITS NEXT TARGET WILL BE RS 359 HIGH AND IF IT CLOSES ABOVE RS 359 IT CAN REACH TO RS 375 AND SO ON WITH OUT AN NEWS FROM COAL INDIA ANY GOOD NEWS CAN LEAD THE STOCK TO RS 399
4184. raj maheshwari |Dec 4, 2010 12:44
dear all still i have not received coal india shares and refund also,i and my application position is unable to find, how can i get refund, pls help me out. i will we grateful to all of u, i just need my refund
4183. maturi |Dec 3, 2010 20:35
hi friends,

I am yet to get the refund of coal india .
advise me how to get it back , tried reaching linkintime.
butof little use. reach me to help me at 9944 10 11 12
4182. Anant kumar Mundhra |Nov 29, 2010 15:20
667

DEAR GOLMAAL

DONT BEHAVE LIKE SJ....

I AM NOT FORCING ANYBODY TO APPLY IN SCI OR
4181. Gane |Nov 25, 2010 12:05
Top Contributor Top Contributor (400+ Posts)
Gem,

welcome back. What happened to you? Are you alright?

Gane.
4180. Gem ipo finder |Nov 25, 2010 12:02
sreedhar

kindly check ur e-mail.
4179. manund patan |Nov 25, 2010 01:01
we have 199 coal india share . we want to sell at double rate then issue price of ipo . how much time i have to wait fot my target?
4178. Srini |Nov 24, 2010 15:01
Top Contributor Top Contributor (400+ Posts)
Dear Sreedhar,

So is it better to sell now itself, or can we wait for some time.
4177. Sreedhar |Nov 24, 2010 14:46
IPO Mentor IPO Mentor (900+ Posts)
Adventure of coal India finished.Coal output target may have to be pruned further as per report in the Hindu.Constrained by various factors including an Environment Ministry notification that limits project expansion,Coal production during XI Plan may slip even below 483 million that was projected after a midterm appraisal against an original target of 520 million tonnes.

So before Public Issue they give some targets & they invariably miss the targets,that is what happens.
4176. John pta |Nov 23, 2010 23:02
Friends
Nice to see that this board is still active.
@ Rs. 320 coal india is fully priced and it is advised to sell at current levels. Anything above 320 is bonus.
After some time we may get it below 300 levels.
4175. Gane |Nov 23, 2010 19:53
Top Contributor Top Contributor (400+ Posts)
Srini,

2 days ago, coal india was close to 340 Rs. Why you did not sell it by that time? I think you missed the right oppurtunity. May be wait for 25th. When the scrip is included in BSE-500 index, it might go up a little bit. However downside is very limited.

In my case, I want to keep it for long time. So I am not selling it.

Gane.
4174. Srini |Nov 23, 2010 19:46
Top Contributor Top Contributor (400+ Posts)
Dear Sreedhar,

So we have to see share going down tomorrow also, today I was happy after seeing its positive result but it went down from there after, did't understand why it went down. I made a blender by not selling remaining 199 shares above 350. Will have to pay the penalty. I think we will not see above 340 in near term. Atleast I expected the share to cross 340, but did't hapenned.
4173. Sreedhar |Nov 23, 2010 18:47
IPO Mentor IPO Mentor (900+ Posts)
Dear Nnonymopusi,
I have also called registrar.He is saying new series,this is a different FPO listing unlike other FPOs & we can sell shares only on 26.Those who sold their shares their shares will be auctioned.It is pretty confusing.
4172. Sreedhar |Nov 23, 2010 18:44
IPO Mentor IPO Mentor (900+ Posts)
Coal India results disappoint: JP Morgan

Coal India's results are disappointing, JP Morgan said in a note adding its FY11 profit estimate for the company is at risk. Coal India said its H1FY11 net profit rose to 40.20 billion rupees versus 31.15 billion rupees in same period last year.

JP Morgan calculated the Q2FY11 profit of the company at 14.9 billion rupees, down 41 percent on quarter and EBITDA down 34 percent on quarter at 23.7 billion rupees. The quarterly decline was on back of decline in coal revenues, higher employee expenses and increase in store and spares expenses, the brokerage added in a note.

Coal India's H2FY11 will be unlike H2FY10 and with the PAT of 40.20 billion rupees, JP Morgan's FY11 PAT estimate of 114 billion rupees is at risk.


So Caol India may drift down to 300 in near future dure to these results & brokerage downgrades









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