Coming up - Coal India OFS this Friday.

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Offer For Sale (OFS) Coal India Limited 5% Discount for Retail Investors

Dear customer, The promoter of COAL India Limited proposes to sell 31,58,18,220 Equity Shares of Face value Rs.10/- each on 30th January 2015 via OFS segment. The offer under this segment enables promoters to dilute their holdings in listed companies in a transparent manner with a wider participation. DETAILS OF THE COMPANY Symbol COALINDIA Issue Size 31,58,18,220 Equity Shares of Rs.10/- each with a green shoe of additional 31,58,18,220 Equity Shares. Offer Size for Retail Investors 6,31,63,644 ( 20 % of Offer Size ) Offer Size for Non Retail Investors 25,26,54,576 ( 80 % of Offer Size ) Discount for Retail Investors* 5% to the bid price. (Limit not more than Rs.2,00,000/-) OFS Bidding Date, Time, Modification & Cancellation Time 30th January, 2015. 09:15 Hrs to 15:00 Hrs. *A retail investor is anyone who bids up to Rs. 2 lakh. *The Floor Price for the OFS Issue will be disclosed by the stock exchange on its website on 29th January 2015 latest by 5.00 pm., IST.