Facebook Twitter Google RSS

ONGC FPO 2011 Opening on March 15

ONGC FPO News: Oil and Natural Gas Corporation ONGC, India's highest profit earning firm will launch a Rs 13,000-crore follow-on public offer (FPO) on March 15, reports Business STandard.

The decision on the FPO has been finalised by the company at a meeting attended by disinvestment secretary Sumit Bose and petroleum secretary S Sundareshan, reports BS.

The ONGC FPO will be available at equity shares of Rs 5 each. It will also issue a free share to every shareholder.

Bank of America Corp, Nomura Holdings, HSBC Holdings,JM Financial Services, Citigroup and Morgan Stanley will be in charge of handling the ONGC FPO.

Featured Update

Nokia launches Nokia X, Nokia X+ and Nokia XL Android Smartphones

25 February 2014: Nokia has announced the launch of Android smartphones in the Mobile World Congress held at Barcelona, Spain. The company ...