FREE Account Opening + No Clearing Fees

Oil India Limited IPO (Oil india IPO) Detail

September 7, 2009 - September 10, 2009

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.

Oil india IPO Details

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 Size26,449,982 shares
(aggregating up to ₹2,777.25 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Oil india IPO Reservation

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 OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered14,427,263 (54.55%)NA
NII (HNI) Shares Offered2,404,544 (9.09%)
Retail Shares Offered7,213,631 (27.27%)1,202,271
Employee Shares Offered2,404,544 (9.09%)NA
Total Shares Offered26,449,982 (100%)

Oil india IPO Lot Size

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

About Oil India Limited

Oil India OFS (Offer for Sale) opens on 01 Feb 2013 from 09:15 to 15:30. Click here to get more detail

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.

Objects of the Issue (Oil india IPO Objectives)

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.

Oil india IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Oil India Ltd IPO Grading / Rating

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.

Oil india IPO Prospectus

Oil india IPO Rating

Rating:Rated 3.7 stars
Vote Here ...

Oil india IPO Listing Details

Listing Date September 30, 2009
BSE Script Code 533106
NSE Symbol OIL
ISIN INE274J01014
Final Issue Price ₹1050 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Oil India Limited Contact Details

Oil India Limited
Oil India Limited,
P.O. Duliajan,
Dibrugarh - 786602, Assam, India.
Phone: + 91-374-2800427

Oil india IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Oil india IPO FAQs

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.

The Oil india IPO listing date is on September 30, 2009.
Open an Instant Account with Zerodha

Oil india IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



730. Kovairaman |   Link |  Bookmark |October 17, 2009 1:04:23 AM
test message
729. Ravi, Bangalore |   Link |  Bookmark |October 9, 2009 6:41:13 PM
Dear IPO Optimist,

Where are you?

Refer your post no. 556, Sep 16, 2009 8:20:53 PM IST

Don't comment on others posts. Everybody can express their opinion freely.
728. Prakash |   Link |  Bookmark |October 9, 2009 1:45:20 PM
now trading at 1198. This is the highest( around 14%) return by any IPO in this financial year.
727. surinder |   Link |  Bookmark |October 8, 2009 4:26:59 PM
I Have sold 99 shares @ 1164 today
726. rama |   Link |  Bookmark |October 5, 2009 2:41:17 PM
i have sold 50 shares of oil india at 1152.45/ today..
725. chandra p singh |   Link |  Bookmark |October 3, 2009 3:31:09 AM
It's a risk and it paid who took it. But not too happy and pass coment on others who given negative comments.
Market is market and no logic works. NHPC flopped and OIL hit. But it still true that it might go 1300 but no one can say it might not go Rs. 800. So already holding it should hold but do not enter at this level.

And why people are soo happy, when this issue came DLF was trading at 370 and now touched at 440. almost 17% profit in same period. So if OIL listed at 8% premium, I would say not very good listing. Before 2008, IPO used to list at 100% premium.
724. SEKAR |   Link |  Bookmark |October 2, 2009 3:16:25 PM
723. kirit shah |   Link |  Bookmark |October 2, 2009 10:44:58 AM
second day again as positive movement. this share is not in f&o. so anyone who will short sale this share will be trapped till it reaches a sound level.i think this co. will give a consistent market performance. a company with 100 eps can touch more than 1400 and there is a good expansion will go in f&o after 6 months and then it will reflect the true market value.
722. DSKA |   Link |  Bookmark |October 1, 2009 10:22:52 PM
721. ajitg |   Link |  Bookmark |October 1, 2009 9:29:50 PM
hello 721--everybody was fooling each other during those days when issue was open hence there was poor response from retail segment --however HNI and FII/FI were wise enough to ignore such foolish advise not to apply.
720. Rajesh |   Link |  Bookmark |October 1, 2009 6:37:23 PM
hey congo. 2 all who invested in OIL as the upside was not that big like old days b4 the bear market started. But i am happy that atleast it opened up with little gain. As i personaly also not got that good profit. as i also was little afrid after got allotemet & bad listing of NHPC & Adani. Now which is the next wellknown Issue after this OIL.
719. paise.chappo |   Link |  Bookmark |October 1, 2009 6:12:47 PM
where is IPOexpert no 653, on 25th September 2009, such person shuld be banned to give messages, he told that the prices will get to 850, hai where are u
718. TnD |   Link |  Bookmark |October 1, 2009 4:02:49 PM
OIL INDIA sell or hold? Please provide wise opinion.
717. vijay |   Link |  Bookmark |October 1, 2009 3:54:56 PM
booked profit at 1160
now i want to know where it will go from here.
716. Kushkochar |   Link |  Bookmark |October 1, 2009 3:15:15 PM
booked partisl profit @ 1160
now what to do for rest
sugesstions are heartly invited
715. Vixnu |   Link |  Bookmark |October 1, 2009 3:14:56 PM
Only driver for me to subcribe OIL share was the low turn out of retail invest and unusually high interest from QIB's. A thumb rule which i have summed from experience in investing in IPOs is that always look at the retail subscription vs over all subscription.

714. kirit shah |   Link |  Bookmark |October 1, 2009 7:26:51 AM
more than 90 lacs shares have been taken delivery by strong hands in this scrip on first day. probably short term investors have sold these shares and r taken by long term invesors. even then price ruled above 1130/ on first day. it seems it is moving towards 1200 in next few days.
713. ramesh |   Link |  Bookmark |October 1, 2009 2:29:03 AM
sold all my 57 shares at 1130.. I am hoping when market correct OIL will also correct...
712. irs, Bangalore |   Link |  Bookmark |September 30, 2009 10:24:35 PM
Hi All,

If NHPC/OIL and all other IPOs are for extension of future projects and require atleast couple of years to execute then why so much of trading in these IPOs??

711. Raaj |   Link |  Bookmark |September 30, 2009 9:41:58 PM
Oil First day

Total Traded Shares on NSE 1,97,48,012
Total Traded Share on BSE 87,37,957
Total 2,84,85,969

Average traded Price Rs. 1133.66 per share

Total Amount traded Rs. 3229 crores

Delivery of Shares as percentage of total Traded Shares 42.14 %

It means a whopping 1360 crores of shares were delivery based.

I now live you to your judgement , if to remain invested or come out of this script