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Some market analysts feel so allotment ratio should be set at 1:2 or 1:3 for persons who hold invested upto 1 lakh and 1:1 for investors who suffer subscribed for narrower as opposed to 100 shares. The allotment ratio for Coal India IPO is foreseen to be lawfully announced soon. The Coal India IPO had a lot size of 25 shares. The empowered Group of Ministers (EGoM) went by the Union Finance Minister, Mr Pranab Mukherjee, met on oct 25, 2010 to discover the question price.

Coal India IPO Allotment Date: Coal India’s shares might be list on the 4th November 2010 and the alloted shares are impending to be credited to demat accounts according to the 1st November.

The just half the current was undersubscribed in the Coal India IPO, was the half reserved for workers such a was subscribed simply 0.1 times or 10 per cent. This was due to the fact that the Employee Trade Unions undergo opposed the disinvestment of Coal India and had instructed such a workforces to not apply
for the Coal India IPO. Some counselors suppose such a that unsubscribed half is planning to moreover be alloted to retail investors. Hence the reduction of Coal India workforces are able to be a big swell for retail investors.

After Coal India IPO ,the later big PSU IPO which is lined up is by Power Grid (powergrid fpo price) that plans to increment just about Rs 8,000 crore issue.The Power Grid IPO is guessed to open on November 9 , 2010.

The market run PSU Coal India has surpassed the original uppermost set by Reliance Power’s IPO, that had attracted proposals valued during Rs 2.05 trillion. Merchant mortgage servicers own suggested which a larger amount of as opposed to 15 lakh retail applications experience turn up in for the Rs 15,000 crore issue.


Source:http://www.indiasummary.com/2010/10/27/coal-india-ipo-allotment-status-coal-india-ipo-allotment-date/

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