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 share
The face value of the equity share : Rs. 10 and the issue price is 105 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Sep-2009
10-Sep-2009
₹ 1,050.00
₹ 0.00
Minimum Application for shares in Nos : 6.0
Further Multiples of : 6.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
4,590.66
Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer
2,777.25
Post Issue Equity Share Capital
240.45
Issue Price
₹1,050.00
Projects
Exploration and Appraisal Activities
Development activities in producing Fields
Purchase of Cap. equipments & Contracts for Facil.