India's largest coal miner, Coal India Ltd (CIL) is expected to have disinvestment in the form of IPO soon, as the government has been saying till now. And to be able to finance this anchor investors are looked up to. The government has said that a decision regarding coverage of this form of funding will come up soon.

It is expected that CIL will be able to raise rupees 40,000 crore through the public issue. As for whether these anchor investors will be domestic or from outside, the Coal Minister Sriprakash Jaiswal said that decision on the same is yet to be taken.

As far as the current deadline of SEBI goes, anchor investors are allowed to invest only to invest only rupees 10 crore or 30 per cent of the portion that is given to the qualified institutional buyers (QIB), whichever is smaller.

These investors are also allowed to invest a day before the public issue is made available for the public to buy.

Said a senior CIL official that the big investors are going to have an easy access this time and unlike other PSUs who did not use this option, CIL is going to do so.