Saturday, September 18, 2010

COAL INDIA LIMITED - COMING SOON!!!

COAL INDIA LIMITED – COMING SOON!!!

· Largest Coal Company in the world with a market share of 82% and employees around 4,00,000 people.
· CIL has got 5 out of 5 (5/5), the best rating from Crisil for any public sector issue and one of the best among all issues in last two years.
· It is expected to garner approx 12 TO 15 LACS APPLICATION & may lead to new DP account of approx 4-5 Lacs. Issue size is approx Rs.13000 CR.
· Due to the large market cap of the issue the scrip could possibly become a part of sectoral indices and eventually SENSEX and/or NIFTY within 6 months of the IPO.
· Profit After Tax on 31/03/2010 as per audited accounts is Rs.3780 crores.
· From available financial data we expect the Price Band to be between Rs. 206-255. (Subject to finalization)
· First PSU IPO where FII’s have shown huge interest. In the earlier PSU IPO’s the FII participation was almost missing.

COAL INDIA IS NOT AN IPO TO BE MISSED…
NOTE: THE EXACT ISSUE PRICE, DATES WILL BE AVAILABLE ONLY AROUND THE ISSUE DATE.

Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

No comments:

Post a Comment