The Times of India reports that Coal India’s IPO, the most significant in size in Indian Corporate History, was subscribed 1.57 times, receiving 991,179,700 bids against 631,636,440 shares. The story is quoted as saying: The mega public float, experts believe, is expected to attract foreign investors and lead to a surge in dollar inflows, pushing [...]
Continue reading "Coal India’s IPO biggest in history"
Wednesday, August 19, 2009
Commenting on the company’s initial public offer plans, Partha S Bhattacharyya, Chairman, Coal India, says, “We see a one-year timeframe for the IPO. It will primarily be from disinvestment of government stake.” For full story, click here
Continue reading "Coal India will Divest Govt. Stake Via IPO Within a Year"
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Tuesday, October 19, 2010