IPO Details - Oil India Ltd.

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02-09-2009
MTG

IPO Details - Oil India Ltd.

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.

Issue Open: Sep 07, 2009 - Sep 10, 2009
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 950 - Rs 1050 Per Equity Share
Listing At: BSE, NSE
Website: http://www.oilindia.in
02-09-2009
PolicyWala

Good info MTG. But I think this IPO is bit pricey than the existing companies like ONGC.
02-09-2009
Policy_expert

I feel its good opportunity to buy Oil India Shares.
05-09-2009
coolsam

Hi Guys, Please let me know about this IPO. Do I apply this IPO for listing gains? Still loosing money in NHPC IPO. So please guide me.
05-09-2009
CopyCat

Quote:

Originally Posted by coolsam

Hi Guys, Please let me know about this IPO. Do I apply this IPO for listing gains? Still loosing money in NHPC IPO. So please guide me.

I would recommend better wait and watch on New IPOs. You can see the no of IPOs, which issued in year 2007-08 are still available at 40-50% discount price. Better buy good companies like RIL and L&T and sleep.
07-09-2009
Samratzz

Hello, Could you please tell me what are the charges paid to online brokerage firm for applying an IPO like Oil India.
I am looking to apply Oil India IPO thru my newly opened Demat Account.
07-09-2009
Policy_expert

Quote:

Originally Posted by Samratzz

Hello, Could you please tell me what are the charges paid to online brokerage firm for applying an IPO like Oil India.
I am looking to apply Oil India IPO thru my newly opened Demat Account.

There are no charges for buying shares thought IPO. You will have to pay brokerage when you sell in the secondary market after getting it in IPO.
08-09-2009
Matrix

Oil india Ltd IPO subscribed 1.28 times on day 1. So guys don't sit - Go and buy this IPO. Its going to Rock. Like Sensex.
08-09-2009
Master
Here some rating from the brokerage houses -
- SPA Securities - Subscribe.
- Nirmal Bang - Subscribe.
- HDFC Securities - Subscribe.
- SKP Securities - Subscribe.
- Networth - Subscribe for long-term gains.
- Emkay - Subscribe for 10-15% listing gains.
08-09-2009
Expert
Quote:
Originally Posted by Master

Here some rating from the brokerage houses -

SPA Securities - Subscribe.
Nirmal Bang - Subscribe.
HDFC Securities - Subscribe.
SKP Securities - Subscribe.
Networth - Subscribe for long-term gains.
Emkay - Subscribe for 10-15% listing gains.
Good Information Master. But will we get shares, If we apply. I am very unlucky in IPOs.
08-09-2009
Matrix

Quote:

Originally Posted by Samratzz

Hello, Could you please tell me what are the charges paid to online brokerage firm for applying an IPO like Oil India.
I am looking to apply Oil India IPO thru my newly opened Demat Account.

There are not charges as you are buying IPO from the primary market.
10-09-2009
Rahul

Oil india Ltd IPO subscribed 4.02 times(0.3096 times in retail) on it's 3rd day.
15-09-2009
Matrix

Oil India Ltd IPO finally subscribed 30.82 times (1.7642 times in retail).

Issue price fixed @ 1050. Listing date 30th September.
24-09-2009
Natraj

IPO allotment is out. Please check your allotment status on following site - http://mis.karvycomputershare.com/ipo/

Just select the IPO and application no.
29-09-2009
Subodh

Tomorrow would be the listing day for Oil India IPO. What should I do? Sell on the listing day or hold?
29-09-2009
vinit

Quote:

Originally Posted by Subodh

Tomorrow would be the listing day for Oil India IPO. What should I do? Sell on the listing day or hold?

I would suggest sell on listing if you are making good listing gains. And buy later on when the prices are less. Market is going to go down anyday.
30-09-2009
Natraj

Quote:

Originally Posted by Subodh

Tomorrow would be the listing day for Oil India IPO. What should I do? Sell on the listing day or hold?

How much shares you have got?
30-09-2009
Natraj

Subodh,
Still holding oil India or sold on listing gains. I would suggest hold (if you havn't sold yet). Citigroup is also suggesting to hold it for long term.
http://www.moneycontrol.com/news/ipo...up_417265.html
30-09-2009
Matrix

After long time IPOs are in focus. Oil India ends day 1 at 8% premium (Rs1135) :tea:. Hope everybody made good profits in this IPO.
30-09-2009
MTG

I would normally book profit on listing day and buy later for long term. Some times off market news take market down like - Bharti - MTN deal. Tomorrow it will take market down. But will give a give good opourtunity to buy Bharti.
30-09-2009
vinit

Quote:

Originally Posted by vinit

I would suggest sell on listing if you are making good listing gains. And buy later on when the prices are less. Market is going to go down anyday.

See MTN - Bharti Deal Call Off. Now only God can save market tomorrow. :eek:
01-10-2009
CONFUSED

Quote:

Originally Posted by MTG

I would normally book profit on listing day and buy later for long term. Some times off market news take market down like - Bharti - MTN deal. Tomorrow it will take market down. But will give a give good opourtunity to buy Bharti.

MTG - I don't know why you thought that market would come down due to Bharti-MTN deal call off. Its positive for Bharti. And you can see the result today.