Issue Detail:
»» Issue Open: Sep 20, 2011 - Sep 23, 2011
»» Issue Type: 100% Book Built Issue FPO
»» Issue Size: 427,774,504 Equity Shares of Rs. 5
»» Issue Size: Rs. [.] Crore
»» Face Value: Rs. 5 Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

Incorporated in 1956, Oil and Natural Gas Corporation Limited (ONGC) is the largest oil and gas exploration and production company in India in Fiscal 2010. ONGC involved in exploration and production of oil (hydrocarbons). ONGC's main business segments are exploration and production, refining. During the fiscal year ended March 31, 2010 (fiscal 2010), ONGC had a crude oil production of 32.95 million metric tons and natural gas production of 27.98 million metric tons.

ONGC also engage in exploration and production activities in 14 other countries through their wholly-owned subsidiary ONGC Videsh Limited ("OVL"). They are present across the hydrocarbon value chain with operations in refining, petrochemicals, power and liquefied natural gas ("LNG") in addition to their exploration and production activities.

ONGC operates more than 22,000 km's of pipelines in India. Its subsidiaries include ONGC Videsh Limited (OVL), ONGC Nile Ganga BV (ONGBV), ONGC Nile Ganga (Cyprus) Ltd., Jarpeno Limited, Imperial Energy Tomsk Limited, San Agio Investments Limited and Imperial Energy (Cyprus) Limited.

Few highlights about ONGC:
ONGC is a Fortune Global 500 company ranked 413.
ONGC is Asia's largest and most active company.
ONGC is at Rank 18th in top Global Energy Company Rankings.
ONGC contribute 77% of India's crude oil production and 81% of India's natural gas production.

Company Promoters:
The promoter of the company is President of India

Objects of the Issue:
The object of the Offer is to carry out the disinvestment of 427,774,504 Equity Shares by the Selling Shareholder.