Oil India Ltd IPO


IPO Subscription Details

  • Open Date 07 Sep
  • Close Date 10 Sep
  • Lot Size 6
  • IPO Size ₹ 2777.25 Cr
  • IPO Price Range ₹ 1050
  • Min Investment ₹ 6300

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Oil India Ltd IPO