Apply Coal India IPO, A Goldmine for retail investors : Says Money Works4me

Money Works4me which introduced the famous MRP concept for stocks and Indices recommended Coal India IPO to retail investors.
State-controlled Coal India Ltd. (CIL) has come out with its IPO – the largest IPOs offered in India till date. CIL, which is also the world’s largest coal mining company, plans to raise up to Rs 15,475 crore through the IPO. This listing will make it one of the largest companies in India in terms of market capitalization. Institutional and retail investors have been eagerly awaiting this IPO. Experts and media are already terming it a great success. But again, experts and media also predicted that Reliance Power’s IPO would be a great success and highly profitable for retail investors. But post listing, what retail investors witnessed was a bloodbath and loss of their hard earned money. It is always important to know the actual worth of your investment. However, in case of IPOs, retail investors are clueless about the valuation of the stock most often. Their eagerness to subscribe for the IPO is guided mainly by the expected listing gains and the possibility of making a quick buck. In this blog we present our analysis of Coal India’s forthcoming IPO and why it is a good bet not only from a listing perspective but also for the long term.

For full report, Please Click here.

Yesterday itself, I applied for this IPO. See that is the only blog which advocated subscription of Oberoi Realty  . We now do recommend Coal India Ltd.


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