Coal India IPO Grey market price
Coal India IPO Grey market price is now Rs270 and if stock market rise 3-4% in next few days then Coal India IPO Grey market premium will reach Rs35 – 40 with opening price of Rs285.
Coal India will issue shares in IPO at Rs245 and retail inverters will get discount of 5% so retail will get shares at Rs 233.  so the people who invested for listing gains can book profit and who are interested for long term can wait for one year target price of Rs320.
Coal India total raised Rs15000 cr. in ipo with 15 times over subscription All raised money will go to government and not to company.