IPO Issue Details
Issue Price / Price Band₹245 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size25 Shares per Lot
Total Issue Size63,16,36,440 shares (aggregating up to ₹15,199.44 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 18 Oct 2010
Subscription CloseThu, 21 Oct 2010
Anchor AllotmentSun, 17 Oct 2010
Basis of AllotmentWed, 27 Oct 2010
Initiation of RefundsThu, 28 Oct 2010
Credit of Shares to DematThu, 28 Oct 2010
Listing DateThu, 04 Nov 2010
UPI Mandate Deadline2010-10-21
Application & Investment Details
Retail — Min (1 Lots)₹6,125 — 25 shares
Retail — Max (13 Lots)₹79,625 (13 Lots)
HNI — Min (33 Lots)₹2,02,125 — 825 shares
Pre-IPO Promoter Holding6,31,63,64,400 shares
Post-IPO Promoter Holding6,31,63,64,400 shares
About Coal India Ltd.
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.
Objects of the Issue
Coal India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 The company will not receive any proceeds from the Offer.
Shareholding & Lock-in
Pre-IPO Promoter Holding
6,31,63,64,400 shares
Post-IPO Promoter Holding
6,31,63,64,400 shares