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This is an archive article published on October 19, 2010

Coal India IPO 53 covered: Chairman

Coal India IPO size of up to 3.5 billion has been covered 53 percent by 0530 GMT...

Coal India IPO size of up to 3.5 billion has been covered 53 percent by 0530 GMT,Chairman Partha Bhattacharyya said on Tuesday.

The company expects the IPO initial public offering to get fully covered by today or tomorrow,he said.

Coal India IPO institutional portion is already oversubscribed.

Coal India IPO review by Motilal Oswal has led to a buy rating.

 

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