Coal India Ltd(CIL) now waiting to listing, already issued for public at the value of Rs 225 to Rs 245 per share. No expert can give accuracy in listing price of any company, But can expect a price based on company fundamentals, technical and market conditions. Expected Coal India listing price is 20 percent returns. In present conditions listing price is Rs 285 to 290. Listing price may vary based on market sentiment and number of times subscribed finally. So expected Coal India Listing Price originally below or around Rs 300.
Listing Date of Coal India
IPOs normally takes 3 weeks to list from closing date of offer. But Coal India Ltd(CIL) expected to list with in 2 weeks due to lock of heavy funds and trade before Deepawali Festival from investors. So Coal India Listing date November, 04, 2010.
Coal India will be listed on both National and Bombay Stock Exchanges(NSE and BSE) of India.