Free Demat Account Opening To Invest In Coal India IPO

Online, October 16, 2010 (Newswire.com) - Coal India Limited (CIL) is the largest coal producing company in India. The state run company's IPO(Initial Public Offering) will hit the market on 18th Oct 2010 to raise Rs. 15,000 Crore . The government is disinvesting 10% of its stake in CIL.

Coal India IPO is being considered as the biggest IPO of India so far and indeed is a good opportunity to invest in the Indian Stock Market. If you wish to invest but don't know anything about share trading or IPO , don't be worried. All you need is a demat account with any DP(Depositary Participant) in India to apply for the Coal India IPO.

Demat account opening is very simple and requires just a few documents including a copy of your PAN card, Identity and Residential proof and a passport size photograph.

Opening a demat account not only enables you to apply for the Coal India IPO, the biggest public offering so far, it also enables you to do share trading and invest in different listed stocks. DP's charge a nominal amount as brokerage for each trading transaction.

Coal India IPO has been observed as a good investment option and recommended by many trade gurus.

For free demat account opening, just visit http://www.demat9.in/