Coal India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 284,236,398 (45%) | — | ₹696,379 Cr |
| NII (HNI) | — | 85,270,919 (14%) | — | ₹208,914 Cr |
| Retail | — | 198,965,479 (32%) | — | ₹487,465 Cr |
| Employee | — | 63,163,644 (10%) | — | ₹154,751 Cr |
| Σ Total | — | 631,636,440 (100%) | — | ₹15,475,093 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,125 |
| Retail (Max) | 13 | 325 | ₹79,625 |
| S-HNI (Min) | 14 | 350 | ₹85,750 |
| B-HNI (Min) | 67 | 1,675 | ₹410,375 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 The company will not receive any proceeds from the Offer. –
Company Overview
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.