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Coal India

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Submitted by shah on February 24, 2010 - 05:11

Preparing for Coal India IPO

Coal India is coming for IPO soon. There are reports about CIL IPO hitting street around oct-nov . IPO are not easy money making machine any more. For a common investor it's not easy task to find out if a particular IPO is expensive or cheap , and secondly should they sell.

IPO companies don't have much financial data available publicly.  ( public companies lie too . :)

Coal india is biggest producer of coal in India. and all thermal power plants needs CIL coal. can company generate profit. Needs to be seen. It does have good mining rights all over India.

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