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IOC raises Rs 3000 crore through NCDs

27 May 2020 Evaluate

Indian Oil Corporation (IOC) has raised Rs 3000 crore through Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (NCDs) and issued 30000, 5.05% NCDs of Rs 10 lakh each on private placement basis.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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