New Delhi: The government will decide on the price band for Coal India's up to $3 billion initial public offering by the second week of October, a senior official at the state-run firm said on Friday.
Earlier this week the share sale, expected to be the biggest by an Indian firm, received a go-ahead from the markets regulator, sources said.
A decision on issuing shares to anchor investors will be taken "before that", N.C. Jha, Director (Technical) at Coal India, told reporters on the sidelines of a conference.
The Coal India IPO will open on Oct. 18 and close on Oct. 21 
jitendra kumar singh