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the public. The companies going public raises funds through IPO's for working capital,
debt repayment, acquisitions, and a host of other uses.
Investor can apply for IPO Stocks by filling an IPO Application Form. These forms are
usually available with stock brokers for free. Investor can also apply for IPO Stocks
online through Online Stock Brokers like ICICI bank, Share Khan, and Reliance Money.
Chittorgarh.com, India's No. 1 IPO investment portal provide recent IPO information
from primary stock market. IPO Tools available on this website includes IPO Allotment
Status, IPO Bidding Information, IPO Ratings, IPO Grading, IPO Reviews, Grey
Market Premiums of IPO's, IPO News and IPO Performance Tracker.
Coal India Limited is the largest coal producing company in the world, based on raw coal
production of 431.26 million tons in fiscal 2010. Coal India produce non-coking coal and
coking coal of various grades for diverse applications.
As of March 31, 2010, Coal India operated 471 mines in 21 major coalfields across eight
states in India, including 163 open cast mines, 273 underground mines and 35 mixed
mines (includes both open cast and underground mines). They also operated 17 coal
beneficiation facilities with an aggregate designed feedstock capacity of 39.40 million
tons per annum. Company intend to develop an additional 20 coal beneficiation facilities
with an aggregate additional proposed feedstock capacity of 111.10 million tons per
annum. Besides this, They provided 85 hospitals and 424 dispensaries.
The Indian Institute of Coal Management (IICM) operates under CIL and imparts multi
disciplinary management development programs executives.
Coal India's major consumers are the power and steel sectors. Others include cement,
fertiliser, brick kilns etc.
The objects of the Offer are to carry out the divestment of 631,636,440 Equity Shares by
the Selling Shareholder and to achieve the benefits of lisitng the Equity Shares on the
Stock Exchanges.
Issue Detail:
IPO Notices
Note: Coal India Limited IPO investors can withdraw their application till Monday Oct
25, 2010. This option is given to investors because of a critical error in the financial
statement of the company. For more info check BSE Notice.
1875
4.5
Rating:
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: cil.ipo@linkintime.co.in
Website: http://www.intimespectrum.com
Incorporate in 1896, MOIL Limited (Manganese Ore India Limited) is India based
producer of manganese ore, primarily used to make ferro-alloys for steel production.
MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the
administrative control of the Ministry of Steel.
MOIL Limited is the largest producer of manganese ore by volume in India. MOIL
operate seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla,
Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli,
and Tirodi) to produce more then 1,093,363 tonnes of manganese ore.
In addition to high, medium and low grade manganese ore, company produces
manganese dioxide and chemical grade manganese ore. The major competitive strengths
of the company are:
Company Promoters:
The promoters of the company is the President of India, acting through the MoS,
Government of India (GoI).
Company Financials:
Issue Detail:
IPO Rating
1276
4.4
Rating:
5
IPO Listing Detail
Listing Date:
BSE Scrip Code:
NSE Symbol:
Listing In:
Sector:
ISIN:
Issue Price:
Face Value: Rs. 10.00 Per Equity Share
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: moil.ipo@karvy.com
Website: http://karisma.karvy.com
For the investor, IPOs are attractive mainly because they may be undervalued. Initially, to
make IPOs more attractive, many companies will offer their initial public offering at a
low rate. This helps to encourage investors, and investors will often buy IPOs, thinking
that the new company or the newly public company will be the next big thing with a huge
profit margin. As prices grow and demand for the IPOs grows, early investors stand to
make a lot of profit -- and very quickly.
If you hope to invest in companies, understanding the answer to the question what is an
IPO? is essential to your success. An initial public offering, the first time a company
offers shares to the general public, is a great way to start building profit. Since IPOs are
in some cases undervalued they can often be sold with it a short period for good profit.
In the case of the dilutive offering, the company's board of directors agrees to increase the
share float for the purpose of selling more equity in the company. This new inflow of
cash might be used to pay off some debt or used for needed company expansion. When
new shares are created and then sold by the company, the number of shares outstanding
increases and this causes dilution of earnings on a per share basis. Usually the gain of
cash inflow from the sale is strategic and is considered positive for the longer term goals
of the company and its shareholders. Some owners of the stock however may not view
the event as favorably over a more short term valuation horizon.
The non-dilutive type of follow-on offering is when privately held shares are offered for
sale by company directors or other insiders (such as venture capitalists) who may be
looking to diversify their holdings. Because no new shares are created, the offering is not
dilutive to existing shareholders, but the proceeds from the sale do not benefit the
company in any way. Usually however, the increase in available shares allows more
institutions to take non-trivial positions in the company.
As with an IPO, the investment banks who are serving as underwriters of the follow-on
offering will often be offered the use of a greenshoe or over-allotment option by the
selling company.