Coal India had wow factors that MOIL IPO might not have: Saurabh Mukherjea, Ambit Capital

Saurabh Mukherjea, Head of Equities, Ambit Capital, in a chat with ET Now talks about MOIL.

What is the expectation from MOIL, is it going to be another Coal India or far away from that?

It is hard to say. From my perspective, my client base is primarily institutional. But gazing by public perception of it, Coal India had probably a number of wow factors that MOIL perhaps might not have. The easy play between coal and power, the power deficit in our country and those are very powerful trigger that Coal India Syndicate could press on. Perhaps it is not easy for the MOIL syndicate to press on those triggers.