Oil India Ltd 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

Oil India Ltd IPO Timeline

Open Date
07 Sep
Close Date
10 Sep
Basis of Allotment
Credit to Demat Account
Listing Date

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 an 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

Open Demat Account