Coal India Ltd. IPO opened on 6th October & closed on 8th October – Company issued 20 crore shares in the price band 1200 – 1300. Public applied for 200 crore shares. The BRLM J.P.Morgan in consultation with company announced issue price 1250. Average Price of application receive is 1270. Pass necessary journal entries in books of Coal India Ltd. Refund & Allotment of shares was done on 20th Oct. 2010. Face value 10
2 Comments