SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IOC raises $500 million through overseas bonds

27 Jul 2011 Evaluate

State-owned Indian Oil Corporation (IOC) has raised $500 million through an overseas bonds issue to fund its capital needs. IOC finalized the issue through the book building route and IOC received an overwhelming response from investors across the globe for issue. The issue was oversubscribed by about four times and IOC received offers to the tune of about $2 billion.

IOC received about 71% of investor’s contribution from Asia while offshore investors from Europe and the US contributed 25% and 4% respectively. The bonds will have tenure of 10 years and be utilized for meeting part of IOC's capital expenditure requirements. The deal, which was concluded earlier this week, was the second international bond issue of the company, the first being in January last year.

Indian Oil Corp. Share Price

143.45 -2.05 (-1.41%)
24-Apr-2026 13:07 View Price Chart
Peers
Company Name CMP
Reliance Industries 1328.40
Indian Oil Corp. 143.45
BPCL 306.75
HPCL 371.95
MRPL 188.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×