The issue will be priced at current market price of ONGC plus or minus 5%, which means around Rs,1000. This not my statement. This is the statement of OIL CEO. He said his company will have the same EPS and PE of ONGC.
NHPC IPO - Closing Date - 12th August Allotment Date - 24th August (13th Day) Refund Date - 25th August (14th Day) Listing Date - 1st September (21 days)
Just wanted to know...Given that OIL has close to 8% share in the oil reserves as compared to 71% of ONGC, how is the crude oil subsidy percentage shared between ONGC and OIL? If the percentage is relatively higher, then it might have an effect on OIL's profitability.
INTERVIEW - Great Eastern Energy plans up to $83 mln India IPO MUMBAI (Reuters) - London-listed Great Eastern Energy Corp hopes raise up to 4 billion rupees ($83 million) through an initial public offer in India probably by the end of December, its chairman said on Thursday.
Y.K. Modi said the India-focused company was planning to offer 5.9 million shares through the IPO.
"We are absolutely ready. As soon as we get the approval we will come with it," he told Reuters in an interview.
Great Eastern Energy is exploring and developing production wells for coal-bed methane near Asansol town in eastern India.
Enam Securities, ABN AMRO, SBI (SBIN.NS : 1767 +64.25) Capital Markets are the book running lead managers to the issue, Modi said.
Dear investors, if you have techinicaly/ converfirm information or any solid information from any source, than pls give on the site , dont misguide to any one . specialist are welcome on the site with their supporting reasons thanking you ashu
this is issue is very good but price band so up if the price 850 to 950 then very good think we have so much time it compair with ongc ha ha ha not good
Hi All, This is going to be an 'at par' issue. Don't worry.Every one will get maximum allotment also. And double on listing. All you need to do is fill in the application,wait for allotment and double your money on listing. See money making is so easy on the stock market. It is hanging out there waiting to be plucked. And this trick is known only to a few of us who visit Chittorgarh.com
Why don't people bother to look the prospectus, instead of asking basic elementary questions. Its so stupid of others even to reply.
The weblink to the prospectus is provided on this page itself. Please look at "Important Links about Oil India Limited IPO" its on the top half of this page