IPO COAL INDIA LTD

The Primary Market for online bidding of IPO COAL INDIA LTD.,  will open for subscription on 18.10.2010 and close on 21.10.2010
  • The issue period is Oct 18, 2010 to Oct 21, 2010
  • Price Range: Rs.225.00 to Rs.245.00
  • Market Lot: 25 Shares
COAL INDIA LIMITED
Symbol – Series COALIND EQ
Issue Period Oct 18, 2010 to Oct 21, 2010[* For QIB bidders Issue closes on Oct 20, 2010]
Post issue Modification Period 22-Oct-10
Issue Size Public offer of 631,636,440 equity shares of face value of Rs. 10 each
Issue Type 100% Book Building
Price Range Rs 225 to Rs  245
Tick Size Re.  1/-
Market Lot 25 Equity  Shares
Minimum Order Quantity 25 Equity  Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00  p.m.
IPO Grading IPO Grade  5
Rating Agency CRISIL Limited and  ICRA Limited
Book Running Lead Manager Citigroup Global Markets India Private Limited, Deutsche Equities (India) Private Limited , DSP Merrill Lynch Limited, ENAM Securities Private Limited,Kotak Mahindra Capital Company Limited, and Morgan Stanley India Company Private Limited
Syndicate Member Kotak Securities Limited
Categories FI,IC,MF,FII,OTH,CO,IND,NOH and EMP
No. of Cities with Bidding Centers 59
Name of the registrar Link Intime India Private Limited
Address of the registrar C-13, Pannalal Silk Mills Compound,L.B.S. Marg, Bhandup (West),Mumbai 400078
Contact person name number and Email id Mr. Vishwas Attavar,Ph:(022) 25960320 Fax:- (022) 25960329
E-Mail:cil.ipo@linkintime.co.in

Today’s Levels (18-10-2010)

(Last Close : Sensex 20125 : Nifty Spot 6063)
Today’s Levels
Trade short if Sensex fails to sustain above 20125 (Nifty 6063)
[Downside targets/supports at 20090(6050)/19950(6010) or lower]
Trade long if Sensex sustains above 20090 (Nifty 6050)
[Upside targets/resistances at 20125(6063)/20268(6090) or higher]

FOR THE WEEK (18-22, Oct 2010)

FOR THE WEEK: The immediate resistance levels for the Sensex and Nifty are at 20250-20350-20450 and 6150-6200-6250, respectively, while the support level is at 20050-19900-19850 and 6050-6000-5950. Any move close to the resistance levels can be used to book partial profits and initiate fresh positional long positions only if the Sensex manages to sustain above its resistance levels. However, considering the global uncertainty, maintain strict stop losses for all the long positions.

FOR THE DAY (18-10-2010)

FOR THE DAY: Domestic markets are likely to open on a flat note, taking cues from the flattish US and mixed Asian indices. Traders are advised to trade long in Nifty if it holds above 6050 levels, with a stop loss at 6030 levels, targeting higher levels of 6080 and 6100. Alternatively trade speculative short if Nifty fails to breach past 6100 levels with a stop loss placed above 6120 levels targeting lower supports.

Good Morning (18-10-2010)

Asian stocks fluctuated after completing a seventh weekly advance last week, as Australian asset managers climbed following a private-equity bid for Perpetual Ltd., countering declines among commodity producers.

Indian market will open in flat to negative note.

SGXNIFTY is trading at -20.50 (6059.50) @ 8:20 IST.

NIFTY range for the would be 5955-6010-6105-6160-6254.

Crude is trading at $ 80.77. Gold is trading at $ 1358.6 ( Rs 19862). Rs vs $ is at 44.1.

Calls:

GREAVESCOT
ORCHIDCHEM
BIOCON
IDBI
DCB
GULFOILCOR
UFLEX
JBFIND
PDPL
FORTIS
KINETICMOT
SREINFRA

Have A Nice Trading Day.