Coal India IPO Details

Issue Opens : October 18th.

Issue Closes : for QIBs on October 20th, for Retail & HNI on October 21st

Price Band : To be announced on October 13th

Application lot size : To be announced on October 13th

Retail Discount : To be announced on October 13th

Credit of Shares : November 1st/2nd

Refund of funds : November 2nd

Listing / Trading : November 4th

Preliminary Terms

Issuer : Govt of India

Transaction : IPO

Share Type : 100% Secondary

Vendor : Government of India (Acting through Ministry of Coal)

Issue Size : 631,636,440 Equity Shares

Employee Resv : 63,163,644 equity shares

Net Offer to Public : 568,472,796 equity shares

Tranche Split : 50% to QIBs

35% to Retail

15% to HNIs

Bookrunners : Citi, BoAML, Enam, DB, Kotak, MS Maximum number of shares that can be applied for by a QIB : 568,472,796 shares However, if a FII is investing on behalf of its sub account which is a foreign corporate or an individual : 315,818,220 shares