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Oil India IPO subscribed 31 times

Posted on: September 11th 2009 in Press Releases.

Mumbai: Oil India’s 2.6 crore shares’ initial public offering was subscribed 30.82 times on the last day on Thursday. The issue received bids for 81.5 crore shares, according to data with the National Stock Exchange. The price band for the issue was fixed at Rs 950-1,050. Th…

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OIL confident of good IPO show

Posted on: September 3rd 2009 in Press Releases.

Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the…

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