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  #1  
Old September 2nd, 2016, 03:47 PM
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Default Owner Of ONGC Company

Hi sir I am a new employee in the Oil and Natural Gas Corporation Limited (ONGC) and I want to know that who is the actual owner of the ONGC can you please tell me the same??
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  #2  
Old September 2nd, 2016, 04:50 PM
Harsh Pandit
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Join Date: Mar 2012
Posts: 152,253
Default Re: Owner Of ONGC Company

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

Actually the Government of India is the owner of the ONGC

ONGC was founded on 14 August 1956 by Government of India, which currently holds a 68.94% equity stake.

It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country.


Shareholders (as on 31-Mar-2013) Shareholding]
Promoter – Government of India 68.94%

Government Companies 10.09%

Banks, Financial Inst. & Insurance companies 09.69%

Foreign Institutional Investors (FII) 06.27%

Private Corporate Bodies 01.83%

Individual shareholders 01.65%

Mutual Funds and UTI 01.13%

NRI/Employees 00.11%

Total 100.0%

ONGC Products

Crude Oil

Gas

LPG

Naptha

C2-C3

SKO

Others

Adjustments
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