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.
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.
No comments:
Post a Comment