Indian Oil stake sale full subscribed; govt bags Rs 9,300 crore
The IOC share sale was pulled off by demand from institutional investors who bid for 27.85 crore shares, against 19.42 crore shares on offer. The portion was subscribed 1.43 times.
Aug 24, 2015, 17:03 PM IST
Indian Oil stake sale Monday; govt eyes best 'first half' disinvesment kitty in 7 years
Looking to garner Rs 9,300 crore from Indian Oil share sale Monday, the government expects its disinvestment kitty so far this fiscal to swell to Rs 12,600 crore -- making it the best 'first-half' in 7 years.
Aug 23, 2015, 17:30 PM IST
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at Rs 387 each, the company said, a two percent discount from Friday`s close.
Aug 22, 2015, 18:35 PM IST
