Oil India IPO - Files for DRHP with Sebi

• Author: rupya
• Filed under: Oil India IPO
• Date: Dec 18,2007

Oil India, ha sfiled its draft red herring prospectus (DRHP) with sebi for an IPO of up to 26,449,982 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process.The issue comprises a net issue to the public of up to 24,045,438 equity shares and a reservation of up to 2,404,544 equity shares for subscription by eligible employees. The issue shall constitute 11% of the fully diluted post-issue paid-up capital of the company.