Coal India IPO which was declared a huge hit and was subscribed by more than 15 times or so had a different turn today , Coal India Finance Director A.K. Sinha said accretion in stock and other income got interchanged in the company’s standalone financial statement that was printed in the Re herring prospectus , but they also said that it has no impact on the company’s total income and profit figures. They have told that the exit option would not have any impact on the subscriptions,and they are just making sure that they abide by the regulation.
Coal India IPO – They gave Exit Option from the IPO is a post from: First Blog for Indian Financial Market
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