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    Coal India is the largest coal mining company in the world based in Kolkata, India. It produces 85% of India's coal and had a turnover of Rs. 386.31 billion in FY2009-10. In 2011, Coal India was granted Maharatna status by the Indian government. The company's initial public offering for a 10% stake was oversubscribed 15.28 times, collecting Rs. 2,40,000 crore, with shares listing 40% higher than the IPO price.

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    Coal India is the largest coal mining company in the world based in Kolkata, India. It produces 85% of India's coal and had a turnover of Rs. 386.31 billion in FY2009-10. In 2011, Coal India was granted Maharatna status by the Indian government. The company's initial public offering for a 10% stake was oversubscribed 15.28 times, collecting Rs. 2,40,000 crore, with shares listing 40% higher than the IPO price.

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    4 views2 pages

    Coal India

    Uploaded by

    hemssss
    Coal India is the largest coal mining company in the world based in Kolkata, India. It produces 85% of India's coal and had a turnover of Rs. 386.31 billion in FY2009-10. In 2011, Coal India was granted Maharatna status by the Indian government. The company's initial public offering for a 10% stake was oversubscribed 15.28 times, collecting Rs. 2,40,000 crore, with shares listing 40% higher than the IPO price.

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    COAL INDIA

    Indian state controlled co. - KOLKATA WORLDS LARGEST COAL MINER - Rs 51,925 Cr (FY2009-10)

    In April 2011, CIL was conferred the Maharatna status


    CIL 85% OF COAL PRODUCTION IN INDIA TURNOVER Rs.386.31 billion & TAX PAID - Rs35.75 billion DIVIDEN PAID Rs.17.054 billion

    COAL INDIA IPO


    The Cabinet Committee on Economic Affairs (CCEA) cleared the divestment of equity in Coal India Ltd COAL INDIAs 10 % STAKE - DISINVESTED IPO SUBSCRIBED 15.28 times COLLECTED - Rs 2,40,000 crore LISTED 40% HIGHER THAN IPO PRICE

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