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Coal India to be among India's top 10 companies
The initial public offer by Coal India has generated a total demand for shares worth Rs 2,34,716 crore (Rs 2.34 trillion), the biggest in the history of India's primary market.
The state-run Coal India has surpassed the record of Reliance Power IPO that had attracted bids valued over Rs 2.05 trillion.
R-Power, in January 2008, had beaten the record of Mundra Port and SEZ's IPO that hit the market in 2007 and had received bids worth about Rs 2,00,000 crore (Rs 2 trillion).
All set to get listed on the Bombay Stock Exchange and the National Stock Exchange on November 4, CIL is aiming a plum position among India's most valued companies.
The IPO, priced in a band of Rs 225-245 per share has been oversubscribed 15.17 times.
Click NEXT to find out the current top 10 companies in terms of market capitalisation.Coal India to be among India's top 10 companies
Reliance Industries
India's most valued company, Reliance has a market capitalisation of Rs 3,53,867.74 crore (Rs 3.53 trillion).
Share price: Rs 1081.45
(Figures in all slides are as on Oct 22)
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Coal India to be among India's top 10 companies
Oil and Natural Gas Corporation (ONGC)
The most valuable public sector company, Oil and Natural Gas Corporation has m-cap of Rs 2,87,367.88 (Rs 2.87 trillion).
Share price: Rs 1343.55
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Coal India to be among India's top 10 companies
State Bank of India
India's biggest PSU bank, State Bank of India has the most expensive share. Its market capitalisation stands at Rs 2,03,568.37 crore (Rs 2.03 trillion).
Share price: Rs 3210.10
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Coal India to be among India's top 10 companies
Tata Consultancy Services
The most valuable software company has m-cap of Rs 2,03,266.65 crore (Rs 2.03 trillion).
Share price: Rs 1040.10
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Coal India to be among India's top 10 companies
Infosys Technologies
Infosys, which has the second most expensive share has m-cap of Rs 1,75,268.76 crore (Rs 1.75 trillion).
Share price: Rs 3053.25
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Coal India to be among India's top 10 companies
NTPC
NTPC has a market capitalisation of Rs 1,68,207.38(Rs 1.68 trillion).
Share price: Rs 204.00
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Coal India to be among India's top 10 companies
ITC
The multi-business conglomerate has a market capitalisation of Rs 1,31,579.94 crore (Rs 1.31 trillion).
Share price: Rs 171.25
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Coal India to be among India's top 10 companies
MMTC
MMTC, the single largest exporter of minerals from India has m-cap of Rs 1,30145 crore (Rs 1.3 trillion).
Share price: Rs 1301.45
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Coal India to be among India's top 10 companies
ICICI Bank
ICICI Bank has a market capitalisation of Rs 1,29,949.96 crore (Rs 1.29 trillion).
Share price: Rs 1131.85
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Coal India to be among India's top 10 companies
Bharti Airtel
Telecom major, Bharti Airtel has a market capitalisation of Rs 1,26,609.32 crore (Rs 1.26 trillion).
Share price: Rs 333.40
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