check latest shares online Allotment Status Coal India IPO Enter your application & check latest shares online | GOOGLE TRENDS NEWS

On Tuesday, November 2 0 comments

Allotment Status Coal India IPO Enter your application & check latest shares online

While retail investors are waiting eagerly to know how many shares have been alloted in Coal India IPO , the registrars are yet to make the details public and are taking their own sweet time.

The registrar for Coal India’s IPO Link Intime is yet to update it’s website with the latest information on the allotment given to retail investors in Coal India IPO. Once updated you will be able to check your allotment of shares online .

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Coal India IPO Allotment Delayed

The Coal India IPO Allotment could have been delayed because of the huge number of applications that the registrar has recieved.
Some analysts revealed that more than 17.5 lakh retail applications were submitted by small investors for Coal India’s IPO. This is more than 10% of the total number of demat account holders in India.

Also the retail portion of Coal India’s IPO was over subscribed 2.3 times and the bulk of the bids have come at the upper end of the price band at Rs 245.

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