Oil & Natural Gas Corp. FPO Details

Bookbuilding FPO | ₹10,542 Cr | Listing at NSE, BSE | Fri, Mar 5, 2004 - Sat, Mar 13, 2004 P

OIL  NATURAL GAS IPO Logo

OIL NATURAL GAS IPO is a book build issue of ₹10,542.40 crores. The issue is entirely an offer for sale of 14.20 crore shares of ₹10,542.40 crore.

OIL NATURAL GAS IPO bidding started from Mar 5, 2004 and ended on Mar 13, 2004.

OIL NATURAL GAS IPO is set final issue price at ₹750 per share.

The issue includes a reservation of up to 1,42,59,330 shares for employees offered at a discount of ₹37.50 to the issue price.

JM Morgan Stanley Pvt.Ltd. is the book running lead manager and MCS Share Transfer Agent Ltd. is the registrar of the issue.

Refer to for detailed Information.

FPO Open

Fri, Mar 5, 2004

FPO Close

Sat, Mar 13, 2004

Issue Price

₹750 per share

Market Cap (Pre-IPO)

₹1,06,945.05 Cr

FPO Details

IPO Date5 to 13 Mar, 2004
Listing Date[.]
Face Value10 per share
Price Band₹680 to ₹750
Issue Price₹750 per share
Lot Size
Sale TypeOFS only
Issue TypeBookbuilding FPO
Listing AtNSE, BSE
Retail DiscountRs 37.50 per share
Employee Discount37.50

Total Issue Size14,19,65,858 shares
(agg. up to ₹10,542 Cr)
Offer for Sale14,19,65,858 shares of ₹10
(agg. up to ₹10,542 Cr)
Share Holding Pre Issue1,42,59,33,992 shares
Share Holding Post Issue1,42,59,33,992 shares

FPO Timetable (Tentative)

Issue Reservation

OIL NATURAL GAS IPO comprises a total issue size of 14,25,93,300 shares. The net offer to the public is 11,40,74,640 shares, after excluding 2,85,18,660 shares under a preferential allotment. Of the Net offer 5,70,37,320 (50.00%) are allocated to QIB, 2,85,18,660 (25.00%) allocated to NII 2,85,18,660 (25.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 5,70,37,32050.00%40.00%
NII (HNI) Shares Offered 2,85,18,66025.00%20.00%
Retail Shares Offered 2,85,18,66025.00%20.00%
Preferential Reservations
Employee Shares Offered 1,42,59,33010.00%
Shareholders Shares Offered 1,42,59,33010.00%
Total Shares Offered 14,25,93,300100.00%100.00%

Investor Category Reservations

CategoryLimitCut-off
RIIUp to ₹2 LakhsYes
sNII₹2 Lakhs – ₹10 LakhsNo
bNIIAbove ₹10 LakhsNo
Shareholder (SH)Up to ₹2 LakhsYes
Employee (EMP)Up to ₹2 LakhsYes
Employee + ShareholderUp to ₹2 Lakhs (SH) + Up to ₹2 Lakhs (EMP)Yes
Shareholder + RII/NIIUp to ₹2 Lakhs (SH) + RII/NII limitsYes (SH/RII)
Employee + RII/NIIUp to ₹2Lakhs (EMP) + RII/NII limitsYes (EMP/RII)
Employee + Shareholder + RII/NIIUpto ₹2 Lakhs (SH) + Upto ₹2 Lakhs (EMP) + RII/NII limitsYes (SH/EMP/RII)

About Oil & Natural Gas Corp.Ltd.

Incorporated in 1993, Oil and Natural Gas Corporation Limited (ONGC) is an oil and gas exploration and production company engaged in the exploration, development, and production of crude oil and natural gas in India, both onshore and offshore. The company also processes crude oil and natural gas into products such as liquefied petroleum gas (LPG), naphtha, kerosene, ethane-propane, and diesel.

ONGC operates through independent operations, joint ventures, and production-sharing contracts with domestic and international energy companies. The company also has overseas oil and gas exploration and production operations through its wholly owned subsidiary, ONGC Videsh Limited (OVL), across multiple countries.

The company is one of the largest oil and gas companies in India in terms of reserves and production and has a significant presence in the upstream energy sector.

Company Financials (Restated)

Period Ended31 Dec 200331 Mar 200331 Mar 2002
Total Income25,082.5636,705.6324,867.46
Profit After Tax6,670.7110,529.326,197.87
NET Worth41,797.5435,656.6629,092.29
Reserves and Surplus40,925.8334,361.5027,876.71
Amount in ₹ Crore

Key Performance Indicator (KPI)

KPIDec 31, 2003Mar 31, 2003
RoNW30.84%
Price to Book Value2.56
Pre IPOPost IPO
EPS (₹)73.8462.38
P/E (x)10.1612.02
Promoter Holding84.11%74.11%
Market Cap1,06,945.05 Cr.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2003 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2003 available in RHP.

OIL NATURAL GAS IPO IPO Subscription Status (Bidding Detail)

The OIL NATURAL GAS IPO IPO subscription status. Full data available on IPOMatrix.com.

Category Subscription (times) Shares Offered Shares bid for
🔒 Preview Limited

Full data is available exclusively on IPOMatrix.com — your premium IPO research platform.

Total 1.00 14,25,93,300 14,19,65,858

FPO Registrar

MCS Share Transfer Agent Ltd.

Contact Details

Oil & Natural Gas Corp.Ltd. Address
Jeevan Bharati Tower II,
124,
Indira Chowk,
New Delhi, New Delhi, 110001
Open an Instant Account with Zerodha

FPO FAQs

OIL NATURAL GAS IPO is a main-board FPO of 14,19,65,858 equity shares of the face value of ₹10 aggregating up to ₹10,542 Crores. The issue is priced at ₹750 per share. The minimum order quantity is .

The FPO opens on Fri, Mar 5, 2004, and closes on Sat, Mar 13, 2004.

MCS Share Transfer Agent Ltd. is the registrar for the FPO. The shares are proposed to be listed on NSE, BSE.

Zerodha customers can apply online in OIL NATURAL GAS IPO using UPI as a payment gateway. Zerodha customers can apply in OIL NATURAL GAS IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in OIL NATURAL GAS IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'OIL NATURAL GAS IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The OIL NATURAL GAS IPO opens on Fri, Mar 5, 2004 and closes on Sat, Mar 13, 2004.

OIL NATURAL GAS IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in OIL NATURAL GAS IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for OIL NATURAL GAS IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the OIL NATURAL GAS IPO allotment status.

The OIL NATURAL GAS IPO listing date is not yet announced. The tentative date of listing is .

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