Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Tuesday, November 22, 2011

The oil ministry has approved sale of a 10% stake in state-run Oil India Limited. The Government of India currently owns 78.4% of Oil India.

Oil India Limited (OIL) had come up with an IPO in September 2009 with the issue price at Rs.1050/- per equity share. The issue price was fixed at the higher end of the price band for the IPO which was Rs.950/- to Rs.1050/- per equity share under the IPO

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

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers