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Rediff.com  » Business » Coal India to be among India's top 10 companies

Coal India to be among India's top 10 companies

Last updated on: October 25, 2010 10:54 IST

Image: Workers at a coal mine.
Photographs: Reuters.
Coal India IPO has become a runaway success, beating all records to become the largest public issue in India.

The initial public offer by Coal India has generated a total demand for shares worth Rs 2,34,716 crore (Rs 2.34 trillion), the biggest in the history of India's primary market.

The state-run Coal India has surpassed the record of Reliance Power IPO that had attracted bids valued over Rs 2.05 trillion.

R-Power, in January 2008, had beaten the record of Mundra Port and SEZ's IPO that hit the market in 2007 and had received bids worth about Rs 2,00,000 crore (Rs 2 trillion).

All set to get listed on the Bombay Stock Exchange and the National Stock Exchange on November 4, CIL is aiming a plum position among India's most valued companies.

The IPO, priced in a band of Rs 225-245 per share has been oversubscribed 15.17 times.

Click NEXT to find out the current top 10 companies in terms of market capitalisation.

Coal India to be among India's top 10 companies

Image: The control room of Reliance Industries' KG-D6 facility located in Andhra Pradesh.
Photographs: Reuters.

Reliance Industries

India's most valued company, Reliance has a market capitalisation of Rs 3,53,867.74 crore (Rs 3.53 trillion).

Share price: Rs 1081.45

(Figures in all slides are as on Oct 22)

...

Coal India to be among India's top 10 companies

Image: An ONGC oil rig.
Photographs: Courtesy, ONGC.

Oil and Natural Gas Corporation (ONGC)

The most valuable public sector company, Oil and Natural Gas Corporation has m-cap of Rs 2,87,367.88 (Rs 2.87 trillion).

Share price: Rs 1343.55

...

Coal India to be among India's top 10 companies

Image: SBI.

State Bank of India

India's biggest PSU bank, State Bank of India has the most expensive share. Its market capitalisation stands at Rs 2,03,568.37 crore (Rs 2.03 trillion).

Share price: Rs 3210.10

...

Coal India to be among India's top 10 companies

Image: TCS.

Tata Consultancy Services

The most valuable software company has m-cap of Rs 2,03,266.65 crore (Rs 2.03 trillion).

Share price: Rs 1040.10

...

Coal India to be among India's top 10 companies

Image: The four-screen multiplex at the Infosys Mysore Development Centre.
Photographs: Rediff archives.

Infosys Technologies

Infosys, which has the second most expensive share has m-cap of Rs 1,75,268.76 crore (Rs 1.75 trillion).

Share price: Rs 3053.25

...

Coal India to be among India's top 10 companies

Image: NTPC.

NTPC

NTPC has a market capitalisation of Rs 1,68,207.38(Rs 1.68 trillion).

Share price: Rs 204.00

...

Coal India to be among India's top 10 companies

Image: The ITC brand.

ITC

The multi-business conglomerate has a market capitalisation of Rs 1,31,579.94 crore (Rs 1.31 trillion).

Share price: Rs 171.25

...

Coal India to be among India's top 10 companies

Image: MMTC, rich in minerals.

MMTC

MMTC, the single largest exporter of minerals from India has m-cap of Rs 1,30145 crore (Rs 1.3 trillion).

Share price: Rs 1301.45

...

Coal India to be among India's top 10 companies

Image: ICICI Bank.
Photographs: A man leaves an ATM facility of ICICI bank in the southern Indian city of Kochi.

ICICI Bank

ICICI Bank has a market capitalisation of Rs 1,29,949.96 crore (Rs 1.29 trillion).

Share price: Rs 1131.85

...

Coal India to be among India's top 10 companies

Image: Bharti Airtel chairman Sunil Mittal.
Photographs: Vijay Mathur/Reuters.

Bharti Airtel

Telecom major, Bharti Airtel has a market capitalisation of Rs 1,26,609.32 crore (Rs 1.26 trillion).

Share price: Rs 333.40

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