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.

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)

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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

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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

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