Coal India Limited IPO

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:

The objects of the Offer are to carry out the divestment of 631,636,440 Equity Shares by the Selling Shareholder and to achieve the benefits of lisitng the Equity Shares on the Stock Exchanges.

Issue Detail:
»» Issue Open: Oct 18, 2010 - Oct 21, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 631,636,440 Equity Shares of Rs. 10
»» Issue Size: Rs. [.] Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

Coal India Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 5 to Coal Indid Ltd IPO. This means as per CRISIL company has 'Strong fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Coal India Ltd.


Coal India IPO Tags:

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Avantha Power & Infrastructure Ltd IPO

Part of the Avantha Group, Avantha Power & Infrastructure Ltd is a well-known Indian conglomerate promoted by Mr. Gautam Thapar. Avantha Power & Infrastructure Ltd is a power generation company with 191 MW of operational thermal power capacity, 2,400 MW of generating capacity under various stages of implementation and 1,320 MW of generating capacity under planning spread across India.


Company's power plants and gas fired plant are located at Ballarpur (Maharashtra), Bhigwan (Maharashtra), Yamuna Nagar (Haryana), Sewa (Orissa) and Malanpur (Madhya Pradesh).

Company Promoters:

The individual Promoter of the Company is Mr. Gautam Thapar and the corporate Promoters of the Company are Crompton Greaves, BILT, BPHL, SICL, SFSL and AHL.

Objects of the Issue:

The objects of the Issue are to:

1. part finance the construction and development of Chhattisgarh Power Project Phase I;
2. part finance the construction and development of Madhya Pradesh Power Project Phase I; and
3. fund expenditure for general corporate purposes.

Issue Detail:

»» Issue Open:
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs.
»» Issue Size: Rs. 1,250.00 Crore
»» Face Value: Rs. Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE