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July 13th, 2016, 05:15 PM
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Join Date: Mar 2013
IPO Scheme Of ONGC

Hey I want to know about the IPO 2004 scheme of the Oil and Natural Gas Corporation Limited ONGC so can you please tell me the details for the same

Well the Oil and Natural Gas Corporation Limited is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India.


In the year 2004 the government's issued Rs 10,000 crore public issue from Navaratna ONGC ( Oil and Natural Gas Corporation ) in March 2004 as its IPO scheme

The shares were at the Rs 712.50 per unit

Each share still be worth Rs 1202.50


The IPO would increase IOC's capital base from Rs 778 crore to Rs 856 crore.


Share holder Pattern in the ONGC


Name of the holder(s) No. of Shares Percentage

President of India 5,897,676,260 68.93

Life Insurance Corporation of India 740,968,234 8.66

Indian Oil Corporation Ltd. 657,923,428 7.69

Gas Authority of India Ltd. 205,601,068 2.40

Last edited by Neelurk; April 21st, 2020 at 01:16 PM.
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