Much awaited Coal India CIL initial public offering IPO is set at Rs 225 to 245 per share. The largest coal producing company notified that the employees and retail investors will get 5% discount on the issue price.
Indian government is calculating more than 15,000 crore on this Public Sector offer.
If the calculations go right this would be the biggest of the nation through IPO offering. The CIL issue will be open for four days instead of usual three days.
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