Coal India’s IPO to launch in August

Coal India’s initial public offer (IPO) is likely to hit the market in August. Merchant bankers have estimated the entire valuation of the IPO at USD 30-50 billion.

Partha Bhattacharya, Chairman, Coal India says that it will be the largest government IPO till date.

Six investment banks have been short-listed for the IPO. The banks include Citibank, Morgan Stanley, Deutsche Bank, Kotak Mahindra, Enam Securities and DSP Merill Lynch.

Bhattacharya said that it may offer 5% discount to retail investors while 1% is reserved for its employees. “We will facilitate demat account for employees and may tie-up for loans for employees, he adds..

[Source : https://www.moneycontrol.com/news/ipo-upcoming-issues/coal�s-ipo-to-launchaugust_458039.html ]

Factors To Consider Before Investing In IPO’s.

IPO’s or initial public offering is best understood as the first public offering of shares by a private limited company before listing in a stock market. Looking down IPO’s history of success and failure stories, you would be smart to first fully understand the various aspects behind such offerings and makes the right choice to invest or not in IPO’s. It is advisable to understand that investing in IPO’s could prove risky with unfavorable market situations and sentiments and when the fundamentals of the company and industry are weak. It is best to go by facts, avoid being influenced by rumors and have a closer look at the past performances also

https://www.holisticinvestment.in/before-investing-in-ipo

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Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

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