State-owned Indian Oil Corporation (IOC) has raised over Rs 1,400 crore from the domestic bond markets after a gap of nearly two-and-a-half years. The company’s issue of Secured Redeemable non-convertible bonds opened for subscription on private placement basis on December 15, 2011.
The issue, which was launched with an original size of Rs 500 crore, was oversubscribed by over three times with subscription aggregating to about Rs 1,600 crore.
The ‘AAA’ rated bonds have a maturity of five years with put and call option at the end of the 18th month. The proceeds of bond issue shall be utilised for meeting capex of ongoing domestic projects.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1362.60 |
| Indian Oil Corp. | 147.00 |
| BPCL | 316.00 |
| HPCL | 379.20 |
| MRPL | 180.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: