ONGC FPO may get deferred till October 5, 2011 - Indian IPO Blog

Friday, September 16, 2011

ONGC FPO may get deferred till October 5, 2011

The Follow-on Public Offer (FPO) of Oil and Natural Gas Corporation (ONGC) Limited, may once again face a deferral. The FPO, which is scheduled to open from September 20, 2011, may now be pushed back by 15 days to October 5, 2011.

Oil and Natural Gas Corporation Limited (ONGC) is an Indian state-owned oil and gas company headquartered at Dehradun, the capital of Uttaranchal (aka Uttrakhand). ONGC is a Fortune Global 500 company ranked 413,[2] and contributes 77% of India's crude oil production and 81% of India's natural gas production. It is the highest profit making corporation in India, according to filings with the BSE of latest quarter results

The confirmed date of opening along with Price Band and Bid Lot will be updated here as soon as the same is announced. Check back Indian IPO Blog for the latest updates on the FPO!

No comments:

Post a Comment

Breaking