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Oil India IPO subscribed 1.44 times

Source: The Economic Times

Mumbai : India | 3 months ago

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The initial public offer (IPO) of the state-run Oil India got subscribed 1.44 times the shares on offer on the second day of offer today, with most of the bids coming in from qualified institutional buyers (QIBs). Congress-led UPA government, received bids for over 3.80 crore shares against 2.64 crore...

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NTPC sale to fetch 1.8 billion dollars: Disinvestment Secretary

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A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...

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Disinvestment Secretary: NTPC sale to fetch 1.8 billion dollars

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A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...

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Disinvestment of shares of AYCL held in PYL

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The Union Cabinet today approved the valuation of shares at the rate of Rs.49.50 per share for 11,943,074 shares of M/s. Phoenix Yule Ltd. (PYL), a Joint Venture Company of Phoenix Aktiengesellschaft (AG) Germany (PHX) (holding 74% equity) and Andrew Yule & Company Ltd. (AYCL), Kolkata a Central Public Sector Undertaking under the aegis of ...

about 1 month ago
NTPC sale to fetch @ 1.8 billion dollars: Disinvestment Secretary

By: munishdung

A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the proceeds, ...

25 days ago
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News Stories

PSU oil companies may lose Rs 25,000 cr

News Source: India Abroad | 3 months ago

Get Quote ] incurred a revenue loss of Rs 1.03 lakh crore on sale of petroleum fuel in 2008-09. The global rise in crude oil prices will increase the under-recoveries for PSUs on sale of fuel at controlled prices...July 2008, followed by a rapid...
Oil India IPO subscribed 1.44 times

News Source: The Economic Times | 3 months ago

The initial public offer (IPO) of the state-run Oil India got subscribed 1.44 times the shares on offer on the second day of offer today, with most of the bids coming in from qualified institutional buyers (QIBs). Congress-led UPA government,...