Oil India IPO on September 7, 2009
August 8th, 2009
The initial public offering (IPO) of Oil India Ltd (OIL), India’s second-largest state-run explorer, will hit the market on September 7. The offer will be open from September 7 to 11, reports the Business Standard.
The price band for the IPO is likely to be fixed on August 25, the source said.
OIL management is currently holding meetings with bankers in Mumbai and would be visiting Hong Kong and Singapore over the next couple of days.
OIL, which produces 3.5 million tonnes of oil annually, will offer 2.64 crore equity shares to the public through the IPO, while the government will simultaneously sell 10 per cent of its stake in the company to state refiners.
An 11 per cent fresh equity will be sold in the IPO while the government would divest 10 per cent of its stake at the IPO price.
Post-IPO and disinvestment, the government’s stake in the company will decrease from 98.13 per cent to 78.5 per cent.
The source said the IPO proceeds would be used to fund capex requirement for 2009-10 and 2010-11 when it had planned Rs 2,300 crore and Rs 2,400 crore expenditure respectively.
OIL has started discussions with bankers, including HSBC Securities & Capital Markets, JM Financial Ltd, Citigroup Global Market India and Morgan Stanley India for the IPO.
Source : Business Standard
Categories: Initial Public Offer, New IPO
buy@aloe.vera.gel” rel=”nofollow”>……
Need cheap generic VIAGRA?…
buy@generic.LEVITRA” rel=”nofollow”>……
Need cheap generic LEVITRA?…
Purchase@Abilify.Without.Prescription” rel=”nofollow”>..…
Buygeneric meds…
Order@Cheap.Acai” rel=”nofollow”>……
Buynow it…
Cheap@Generic.Acai” rel=”nofollow”>..…
Buyit now…
Buy@Discount.Coral.Calcium” rel=”nofollow”>..…
Buywithout prescription…
Purchase@Cheap.Coral.Calcium” rel=”nofollow”>.…
Buynow it…
Purchase@Cheap.Coral.Calcium” rel=”nofollow”>……
Buywithout prescription…
Purchase@Abilify.Without.Prescription” rel=”nofollow”>..…
Buygeneric pills…
Cheap@Abilify.5mg.10mg.15mg.20mg.30mg” rel=”nofollow”>..…
Buyno prescription…
Buy@Discount.Acai” rel=”nofollow”>……
Buygeneric drugs…
Order@Cheap.Acai” rel=”nofollow”>..…
Buynow it…
Get@Acai.Online” rel=”nofollow”>……
Buygeneric drugs…
Buy@Acai.Without.Prescription” rel=”nofollow”>.…
Buygeneric drugs…
Buy@Discount.Energy.Boost” rel=”nofollow”>.…
Buynow it…
Cheap@Accupril.Online” rel=”nofollow”>.…
Buygeneric drugs…
Buy@Accutane.Online” rel=”nofollow”>.…
Buygeneric drugs…
Buy@Cheap.Accutane” rel=”nofollow”>.…
Buygeneric drugs…
Cheap@Accutane.Online” rel=”nofollow”>.…
Buygeneric meds…
Order@Aciphex.Online” rel=”nofollow”>.…
Buyno prescription…
Buy@Generic.Actonel.35mg” rel=”nofollow”>.…
Buyno prescription luw…
Generic@Actonel.35mg.Without.Prescription” rel=”nofollow”>..…
Buygeneric pills zdg…
Order@Cheap.Actoplus.Met” rel=”nofollow”>..…
Buygeneric drugs krg…
Order@Cheap.Coral.Calcium” rel=”nofollow”>..…
Buygeneric drugs lzt…
Order@Cheap.Abilify” rel=”nofollow”>……
Buywithout prescription xiu…
Buy@Abilify.5mg.10mg.15mg.20mg.30mg” rel=”nofollow”>..…
Buynow it vhx…
Abilify@5mg.10mg.15mg.20mg.30mg.Without.Prescription” rel=”nofollow”>……
Buygeneric meds svb…
Buy@Cheap.Acai” rel=”nofollow”>..…
Buyno prescription wkp…
Order@Acai.Online” rel=”nofollow”>..…
Buyno prescription jui…
Cheap@Acai.Online” rel=”nofollow”>……
Buyit now sge…
Purchase@Cheap.Energy.Boost” rel=”nofollow”>.…
Buyit now ojb…
Buy@Cheap.Accutane” rel=”nofollow”>..…
Buyno prescription tao…
Get@Accutane.Online” rel=”nofollow”>……
Buywithout prescription ccw…
Cheap@Generic.Accutane.10mg.20mg” rel=”nofollow”>……
Buynow it zdg…
Accutane@10mg.20mg.Without.Prescription” rel=”nofollow”>..…
Buygeneric drugs ajd…
Aciphex@20mg.Without.Prescription” rel=”nofollow”>.…
Buynow it lmg…
Buy@Discount.Acomplia” rel=”nofollow”>..…
Buydrugs without prescription faj…
Cheap@Advair.Online” rel=”nofollow”>.…
Buygeneric drugs nih…
Buy@Advair.25mcg50mcg.25mcg125mcg.25mcg250mcg.50mcg500mcg.50mcg100mcg.50mcg250mcg” rel=”nofollow”>..< /blo…
Buygeneric meds dxy…
Buy@Advair.25mcg50mcg.25mcg125mcg.25mcg250mcg.50mcg500mcg.50mcg100mcg.50mcg250mcg” rel=”nofollow”>…< /bl…
Buygeneric drugs vbr…
< a href="http://trig.com/advair4746/biography/?ml=Generic-Advair-25mcg/50mcg-25mcg/125mcg-25mcg/250mcg-50mcg/500mcg-50mcg/100mcg-50mcg/250mcg-Without-Prescription Generic@Advair.25mcg50mcg.25mcg125mcg.25mcg250mcg.50mcg500mcg.50mcg100mcg.50mcg2…
Buydrugs without prescription jlg…
allopurinol@cheap.buy” rel=”nofollow”>..…
Buyit now…
Download@pop.Rock” rel=”nofollow”>……
Search rock US Charts…
warfarin zoloft…
Buy_drugs without prescription…
do cats carry ringworm…
Buy_generic meds…
recent advances in cancer breast…
Buy_now…
soft food diet ideas…
Buy_drugs without prescription…
tuna during pregnancy…
Buy_generic meds…
adult circumcisions and complications…
Buy_generic meds…
gestational surrogacy…
Buy_now…
combination food diet…
Buy_drugs without prescription…
buying prescription drugs in mexico…
Buy_now it…
faye sick lung cancer…
Buy_drugs without prescription…
blood pregnancy test jacksonville fl…
Buy_generic meds…
swollen ankles headache pregnancy…
Buy_generic drugs…
questions about ortho tri cyclen…
Buy_generic drugs…
canine medi cam rx…
Buy_generic drugs…
social interaction anxiety…
Buy_without prescription…
at home diet programs…
Buy_generic pills…
how can i lower my cholesterol…
Buy_generic drugs…
foods with triglycerides in them…
Buy_generic drugs…
advisory group on hepatitis uk…
Buy_no prescription…
flat warts and probiotics…
Buy_generic drugs…
medicare drugs covered…
Buy_generic meds…
state of arizona ontiveros drug…
Buy_now it…
lexapro versus prozac differences…
Buy_without prescription…
sample ncp for diabetes…
Buy_without prescription…
what year was advil introduced…
Buy_now it…
Download@pop.Rock” rel=”nofollow”>.…
Buy rock US Charts…
.…
Buydrugs without prescription…