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Coal India IPO covered more than 10 times on Day 3

Posted on: October 20th 2010 in Press Releases.

State-run Coal India’s initial public offer (IPO) to raise as much as $3.5 billion was covered more than 10 times on the third day of the issue launch, exchange data showed, as large investors crowded in on the final day for institutional orders. The IPO, the largest in Indian corp…

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