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Thread: IPO Details - Coal India Limited

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  1. #1
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    Quote Originally Posted by Vijay_Kumar View Post
    What is the maximum retail limit 1,00,000 or 2,00,000?
    Retail limit = Rs. 1,00,000/-

    Any idea about grey market premium?
    No idea.

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    Who all are applying for Coal India IPO?

    View are good so far -
    Subscribe to Coal India, fair value at Rs 294/sh: Angel
    Subscribe to Coal India IPO: KR Choksey
    Subscribe to Coal India, target of Rs 325/sh: Motilal Oswal

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    I am going for two full applications. One form mine account and one form wife's account. See how it will work.

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    From where do I find the paper application for coal India IPO?

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    Quote Originally Posted by KapilPrateek View Post
    From where do I find the paper application for coal India IPO?
    Why you want to apply using paper method? when almost all the brokers are offering online IPO applications. You can get the application from local brokers like bajaj capital etc.
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    Good going of this IPO for retail investors -
    Grey market bets big on Coal India issue -
    http://www.business-standard.com/ind...-issue/410232/
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    Last time Reliance Energy sucked the money from the market and market went down to BSE 8500.... I am smelling the same with this big IPO.

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    Quote Originally Posted by samirbajaj View Post
    Last time Reliance Energy sucked the money from the market and market went down to BSE 8500.... I am smelling the same with this big IPO.
    Reliance Energy is not completely responsible for that it's due to global meltdown.
    'When someone shares something of value with you and you benefit from it, you have a moral obligation to share it with others.'

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    Default Coal India investors can withdraw bids up to October 25

    Coal India investors can withdraw bids up to October 25
    Those who have invested in Coal India Ltd’s Rs15,000 crore public float will get a five-day window if they wish to withdraw their applications in India’s biggest ever initial public offer (IPO). Investors can withdraw their bids because there has been a mistatement in Coal India’s financials.
    Investors will be able to withdraw their bids till the end of Monday, 25 October.
    The withdrawal option has been given because of a small clerical error in the financial statements of Coal India. The statements have interchanged other income with closing stock. This has led to some difference in numbers.

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    Pricing of Coal India's recently-conculded issue is likely to be decided at the Empowered Group of Ministers' (EGoM) meeting on Sunday (October 24, 2010).

    Source - moneycontrol.com

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