Coal India Limited, is planning an Initial Public Offer, which may hit the markets by October, 2010. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal.
The Government expects to garner up to Rs.12,000 crore through this IPO. According to the Company's website, CIL is the single largest coal producing company in the world and the largest corporate employer in the country with manpower of 409,332 (as on 1 July 2009)
Stay tuned for more on Coal India Limited (CIL) IPO!
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