Coal india ipo - pricey bet ????????????????

Coal India ipo at 225 -245 looks a bit expensive

Though Retail investors would get 5 % discount , there would have been more margin of safety if priced in 190-200 range

But long term investors who can hold for 5 years , this is good bet ...... one can see a price of Rs 500 in 5 years time easily .

more detailed analysis in ipoplus blog shortly .