Oil India Ltd - IPO

Oil India Ltd IPO Details

Public issue of 26,449,982 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs. 1050/- per equity share of Oil India Limited (Oil India, the company or the issuer) aggregating Rs. 2777.25 Crores (issue). The issue comprises a net issue to the public of 24,045,438 equity shares (net issue) and a reservation of 2,404,544 equity shares for subscription by eligible employees (as defined herein) (Employee Reservation Portion), at the issue price. The issue shall constitute 11% of the fully diluted post-issue capital of the company. Issue price : Rs. 1050 per equity shareThe face value of the equity share : Rs. 10 and the issue price is 105 times the face value.

Objective of issue

Exploration and Appraisal Activities. Development activities in producing Fields. Purchase of Cap. equipments & Contracts for Facil..

Oil India Ltd Contact Details

Oil India Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - investors@oilindia.in

Website - www.oil-india.com