Oil India IPO Issue Price Fixed - Indian IPO Blog

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Tuesday, September 15, 2009

Oil India IPO Issue Price Fixed

The issue price for the recently closed IPO of Oil India Ltd. has been fixed at Rs.1050/- per equity share. The issue price is fixed at the higher end of the price band for the IPO which was Rs.950/- to Rs.1050/- per equity share.


Oil India Ltd., the second largest oil and gas company in India, had come out with an IPO of 2,64,49,982 Equity Shares of Rs. 10/- each. Oil India Ltd. IPO had received very good response especially from the QIB Category, with the IPO being oversubscribed by 30.82 times on an overall basis and 53.83 times in the QIB Category. Retail Category was subscribed by only 1.76 times.


More Posts on Oil India IPO:
> Oil India IPO oversubscribed more than 30 times
> Oil India IPO subscribed 4.02 times till Day 3
> Oil India IPO subscribed 1.44 times till second day
> Oil India IPO subscribed 1.28 times on first day
> Oil India Fully Subscribed
> Oil India IPO assigned IPO Grade 4 by CRISIL
> Oil India IPO Details

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