Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Oil india IPO is a book built issue of Rs 2,777.25 crores.
Oil india IPO bidding started from September 7, 2009 and ended on September 10, 2009. The shares got listed on BSE, NSE on September 30, 2009.
Oil india IPO price band is set at ₹950 to ₹1050 per share. The minimum lot size for an application is 6 Shares. The minimum amount of investment required by retail investors is ₹6,300.
Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, Jm Financial Limited and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the Oil india IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Oil india IPO RHP for detailed information.
| IPO Date | September 7, 2009 to September 10, 2009 |
| Listing Date | September 30, 2009 |
| Face Value | ₹10 per share |
| Price Band | ₹950 to ₹1050 per share |
| Lot Size | 6 Shares |
| Total Issue Size | 26,449,982 shares (aggregating up to ₹2,777.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 214,004,400 |
| Share holding post issue | 240,454,382 |
Oil india IPO offers 26,449,982 shares. 14,427,263 (54.55%) to QIB, 2,404,544 (9.09%) to NII, 7,213,631 (27.27%) to RII, 2,404,544 (9.09%) to employees. 1,202,271 RIIs will receive minimum 6 shares and (sNII) and (bNII) will receive minimum 192 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 14,427,263 (54.55%) | NA |
| NII (HNI) Shares Offered | 2,404,544 (9.09%) | |
| Retail Shares Offered | 7,213,631 (27.27%) | 1,202,271 |
| Employee Shares Offered | 2,404,544 (9.09%) | NA |
| Total Shares Offered | 26,449,982 (100%) |
Investors can bid for a minimum of 6 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6 | ₹6,300 |
| Retail (Max) | 31 | 186 | ₹195,300 |
| Lot Size Calculator | |||
| Share Holding Pre Issue | 98.13% |
| Share Holding Post Issue | 78.43% |
Incorporated in 1959, Oil India Ltd is a premier Indian National Oil Company, engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. Oil india also provides various E&P related services and holds 26% equity in Numaligarh Refinery Limited. Oil India Limited is second largest oil and gas company in India as measured by total proved plus probable oil and natural gas reserves and production.
OIL has over 1 lakh sq km of PEL/ML areas for its exploration and production activities, most of it in the Indian North East, which accounts for its entire crude oil production and majority of gas production. Rajasthan is the other producing area of OIL, contributing 10 per cent of its total gas production.
Presently, OIL’s exploration activities are spread over onshore areas of Ganga Valley and Mahanadi. OIL also has participating interest in NELP exploration blocks in Mahanadi Offshore, Mumbai Deepwater, Krishna Godavari Deepwater, etc. as well as various overseas projects in Libya, Gabon, Iran, Nigeria and Sudan.
| KPI | Values |
|---|---|
| RoNW | 23.77% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. Exploration and appraisal activities;
2. Development activities in producing fields;
3. Purchase of capital equipments and contracts for facilities;
4. Diversification of existing business in downstream activities.
The Oil india IPO is subscribed 30.82 times on September 10, 2009 7:00:00 PM. The public issue subscribed 1.76 times in the retail category, 53.83 times in the QIB category, and 10.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 53.83 |
| NII | 10.48 |
| Retail | 1.76 |
| Employee | 0.27 |
| Total | 30.82 |
CRISIL has assigned an IPO Grade '4/5' (pronounced 'four on five') to Oil India Ltd IPO. This means as per CRISIL, company has above average fundamentals. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Link to download CRISIL rating document.
| Listing Date | September 30, 2009 |
| BSE Script Code | 533106 |
| NSE Symbol | OIL |
| ISIN | INE274J01014 |
| Final Issue Price | ₹1050 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹1,050.00 |
| ₹1,019.00 |
| ₹1,019.00 |
| ₹1,156.00 |
| ₹1,140.55 |
| NSE |
|---|
| ₹1,050.00 |
| ₹1,096.00 |
| ₹1,090.00 |
| ₹1,156.70 |
| ₹1,141.20 |
Oil India Limited
Oil India Limited,
P.O. Duliajan,
Dibrugarh - 786602, Assam, India.
Phone: + 91-374-2800427
Email: investors@oilindia.in
Website: http://www.oilindia.in
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ganapathy@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
Oil india IPO is a main-board IPO of 26,449,982 equity shares of the face value of ₹10 aggregating up to ₹2,777.25 Crores. The issue is priced at ₹950 to ₹1050 per share. The minimum order quantity is 6 Shares.
The IPO opens on September 7, 2009, and closes on September 10, 2009.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Oil india IPO opens on September 7, 2009 and closes on September 10, 2009.
Oil india IPO lot size is 6 Shares, and the minimum amount required is ₹6,300.
You can apply in Oil india IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Oil india IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Oil india IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
