Oil India Limited IPO Message Board (Page 27)

HELLO,
OIL INDIA IS A HEALTHY COMPANY...DONT PLAY MORE RISK..RATEHR SALE IN GRY MARKET

ARE YAR IS ISSUE ME MAT LAGANA DEKHA NAHI KYA NHPL AUR ADANI POWER ME KYA HO GAYA DEKHA ME TERO KO SAMJHA RAHA HU AGAE TERI NHPL BI DISCONT BIKAGA

Just look at the financial performance and comment, don't comment simply just because you know English.

Company’s total income for the year 2008-09 reached a level of Rs.8137.88 crores as compared to Rs 6795.46 crore for the previous year. The profit after tax at Rs.2161.68 crores is the highest ever earned by your Company inspite of sharing a very high subsidy burden on crude oil and LPG and paying higher amount of statutory levies compared to previous year. The total subsidy share was Rs. 3023.28 Crores in 2008-09, compared to Rs. 2305.09 Crores in 2007-08, which works out to an increase of 31.16 %. Net worth of your Company increased to Rs. 9331 crores up by 17.6 % over the previous year of Rs. 7933 crores.

You will be happy to learn that for the year 2008-09, your Board of Directors has recommended a fi nal dividend of 155%. Th is is over and above the interim dividend of 150%. Th e total dividend of 305% works out to Rs. 652.71 crores. Your Company had paid 275% dividend during the year 2007-08.

Company also made substantial contribution both to the State and Central exchequer in terms of Cess, Royalty, Sales Tax etc. The contribution to the State Exchequer during the year was Rs. 1314.63 crores and that to the Central Exchequer was Rs. 2862.72 crores.

OIL DECLARES Interim DIVIDEND OF 150 %
Oil India Limited (OIL), a Premier National Oil Company, declared an interim dividend of 150% for the financial year 2008-2009. The Company had last year paid a total Dividend of 275% for the year 2007-08.

Oil India Limited (OIL) handed-over a Cheque for Rs.315.00 Crores to Government of India, as first interim dividend @ 150% for the financial year 2008-2009. The total Dividend paid to the Government of India for the year 2007-2008 was Rs.577.50 Crores being 275% of the paid up capital of Rs.210 Crores held by the President of India. The Cheque was handed over to Shri R.S. Pandey, Secretary to the Ministry of Petroleum and Natural Gas, Govt. of India by Shri N.M.Borah, Chairman and Managing Director of Oil India Limited in presence of other officials of the Ministry of Petroleum and Natural Gas and Oil India Limited.

Hello Rani,
You have not understood the concept,it seems. You cannot compare Reliance power with a Company like Oil India. Oil India is owned by the Govt and it is in the field of Oil, which is already in demand and going to be discussed in future. You should understand that no body would just make you rich by your sitting at home and doing nothing. You should understand that for establishing and making a company run successful requires lot of hardship, dedication and hard work. Do you think some one will develop a company and offer its share for throw away price to you people enjoy the fruits. Dont dream of becoming rich on others’ hard work. For a good Company definitely you need to pay higher price. If you want price of Rs.10 or 20, there are plenty of companies, under z group.
There are lot of people here who does not know about market, offering free advice.Its a sorry state of affairs. God only can help innocent investors!!!
Krish

RAM NAM KI LOOT HAI

LOOT SAKE TO LOOT

VARNA LISTING KE DIN PACHHTAYEGA

KI BOL CHHI MOTABHAI ?

MOTA BHAI : RATE BAHU VADHARE CHHE.

TRAN SO SUDHI OCHHA KARVANA JOIE

HUDI BABA.

SU BAT KARO CHHO

AVOID OIL INDIA IPO ALL RETAILER AVOID N AVOID AFTER THEN ALL IPO COME AT ONLY 10.00 RS NO PREMIEM ONLY 10 RS FREE KONSA JEB SE DE RAHE HAIN FREEE MEIN BHI COMPANYS KO JYADA CHAIYE............PLS AVOID ALL PREMEIM IPO.

OIL IPO is the FATHER of R POWER
SO THINK BE4 U INVEST...
BAAP BAAP HOTA HAII , BETA BETA HOTA HAII..
ALL THINGS IS GAME PLANNED

To 204 RANI,

Rani i am agree with your comment.

Regards,

JIGNESH PATEL

Namaskar Iam a Invester I am reading your messages and guided for investing money in new I.P.O.s pl advise OIL INDIA IPO will be profitable for me or not

DONT APPLY IN OIL INDIA IPO, It is one of the worst IPO. I Advice all the boarders to apply for PIPAVAV SHIPYARD and forget OIL INDIA as the refund will not come till the the time PIPAVAV IPO will close, SO Think before u leap.

Never Invest in OIL INDIA IPO, It will be listing at Rs. 900 and will go to Rs. 825 within no time. Please save ur money and dont invest in such an expensive IPO.

shall I invest in this IPO AT 1050/-.
Please suggest me.

Hey 194 pankaj,

Please refer to earlier posts and stop repeating questions. the question has already been answered.
Min number of shares is 6 and maximum is 90.

CoachIPO

what will be the lot of oil india ipo

Anybody have Idea about L&T Finance (NCD) issue

weather one can apply or not

are these NCD will list on NSE or not

Pls Tell

196. Mayur monani

Good work done

Oil India Limited (Bid Lot)                  
Sr. No.      No. of Shares       Price       Total Amount
1      6       Rs.1,050.00        Rs.6,300.00
2      12       Rs.1,050.00        Rs.12,600.00
3      18       Rs.1,050.00        Rs.18,900.00
4      24       Rs.1,050.00        Rs.25,200.00
5      30       Rs.1,050.00        Rs.31,500.00
6      36       Rs.1,050.00        Rs.37,800.00
7      42       Rs.1,050.00        Rs.44,100.00
8      48       Rs.1,050.00        Rs.50,400.00
9      54       Rs.1,050.00        Rs.56,700.00
10      60       Rs.1,050.00        Rs.63,000.00
11      66       Rs.1,050.00        Rs.69,300.00
12      72       Rs.1,050.00        Rs.75,600.00
13      78       Rs.1,050.00        Rs.81,900.00
14      84       Rs.1,050.00        Rs.88,200.00
15      90       Rs.1,050.00        Rs.94,500.00
                  
Price Band : - Rs. 950.00 To Rs. 1050.00                  

What is the lot size of OIL ipo.

189 Kamal

As you can see as per 190 also, the subscription figure comes out to be 8.4 , hence i need not repeat the calculation which 190 kissunn has given