Monday, October 18, 2010

Coal India Better Bet for Retails Investors

Coal India IPO price band is 225-245 Rs. If retail investor apply for this IPO on upper band. Already Coal India IPO given 5% discount to Retail Investors so the price will be around 232.75. It means already 12.25 Rs. profit for retail investors. Coal India IPO of 6,316.4 Cr. Shares (Rs. 15,475 Crore) so the big bet is on and already we seen the impact of it. Price of the IPO is very good and it may give bumper opening as well. So, for Retail investors this diwali is depend upon Coal India IPO and as the market is shown it will not let retailers down.

Happy Investing in Coal India IPO.