Profit

Thumping response for Coal India IPO

PUBLISHED ON: October 23, 2010 | Duration: 19 min, 43 sec

  
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The four-day initial public offer of Coal India Ltd (CIL), which closed on October 21, made history by getting oversubscribed 15.17 times and generating bids worth Rs 2,35,290 crore. It is expected fetch the government over Rs 15,000 crore, the largest sum ever garnered in India through a share sale.
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