GROUP MEMBERS

NAMES ROLL NO

AMEY CHANDE 7711

VINAY DHAGE 7716
ROHIT JAVKAR 7741
PANKAJ KOTHARI 7753
Oil India limited
 Some facts…
• Incorporated in 1959
• Holds 26% equity in Numaligarh Refinery
Limited
• Is second largest oil and Gas Company in India
• CRISIL has rated oil India ltd 4 out of 5
• It shows company has above average
fundamentals.
 Issue Detail

• Issue Open: Sep 07, 2009 - Sep 10, 2009

• Issue Type: 100% Book Built Issue IPO
• Issue Size: 26,449,982 Equity Shares of Rs. 10
• Issue Size: Rs. 2,777.25 Crore
• Face Value: Rs. 10 Per Equity Share
• Issue Price: Rs.950 - Rs.1050 Per Equity Share
• Market Lot: 6 Shares
• Minimum Order Quantity: 6 Shares
• Listing At: BSE, NSE
 Qualified Retail Individual
Non Institutional Employee
As on Date & Time Institutional Investors Total
Investors Reservations
Buyers (QIBs) (RIIs)

Shares Offered /
 14,427,263   2,404,544   7,213,631   2,404,544   26,449,982 
Reserved

 Day 1 - Sep 07,

 2.3154   0.0022   0.0518   0.0076   1.2800 
2009 17:00 IST

 Day 2 - Sep 08,

 2.5549   0.0089   0.1373   0.0671   1.4400 
2009 17:00 IST

 Day 3 - Sep 09,

 7.1810   0.0370   0.3096   0.1404   4.0200 
2009 17:00 IST

 Day 4 - Sep 10,

 53.8324   10.4770   1.7642   0.2670   30.8200 
2009 19:00 IST
 IPO listing detail
Listing Wednesday, September 30, 2009
Date:
BSE
Script
533106
Code:

NSE
Symbol: OIL

Listing
In: 'B' Group of Securities

Sector:
Oil and Gas

ISIN:
INE274J01014

Issue
Price: Rs. 1,050.00 Per Equity Share

Face
Rs. 10.00 Per Equity Share
Value:
Listing day trading information

BSE NSE
Issue Price: Rs. 1,050.00 Rs. 1,050.00
Open: Rs. 1,019.00 Rs. 1,096.00
Low: Rs. 1,019.00 Rs. 1,090.00
High: Rs. 1,156.00 Rs. 1,156.70
Last Trade: Rs. 1,140.55 Rs. 1,141.20
Volume: 8,737,957 19,748,012
 RAJ OILS LTD
• ESTABLISHED IN 1943 &INCORPORATED IN
2001.

• OLDEST AND MOST SUCCESSFUL OIL

PRODUCTION COMPANY IN INDIA.

• ICRA HAS ASSIGNED AN IPO Grade 2 to Raj Oil

Mills Ltd IPO.
 ISSUE DETAILS
Issue Open: Jul 20, 2009 - Jul 23, 2009
Issue Type: 100% Book Built Issue IPO
Issue Size: 9,500,000 Equity Shares of Rs. 10
Issue Size: Rs. 114.00 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 100 - Rs. 120 Per Equity Share
Market Lot: 50 Shares
Minimum Order Quantity: 50 Shares
Listing At: BSE, NSE
 Qualified
Non Institutional Retail Individual
As on Date & Time Institutional Buyers Total
Investors Investors (RIIs)
(QIBs)

Shares Offered / Reserved  4,750,000   1,425,000   3,325,000   9,500,000 

 Day 1 - Jul 20, 2009 17:00 IST  0.0000   0.0000   0.0080   0.0000 

 Day 2 - Jul 21, 2009 17:00 IST  0.0000   0.0000   0.0245   0.0100 

 Day 3 - Jul 22, 2009 17:00 IST  0.0000   1.4808   0.0606   0.2400 

 Day 4 - Jul 23, 2009 17:00 IST  0.7543   3.9764   0.7668   1.2400 
 IPO listing details

• Listing Date: Wednesday, August 12, 2009

• BSE Script Code:533093
• NSE Symbol: RAJOIL
• Listing In: B Group
• Sector: Food Products
• ISIN:INE294G01018
• Issue Price: Rs. 120.00 Per Equity Share
• Face Value: Rs. 10.00 Per Equity Share
 Listing day trading information
 
BSE NSE
Issue Price: Rs. 120.00 Rs.120
Open: Rs. 125.05 Rs 120
Low: Rs. 115.60 Rs115.25

High: Rs. 133.70 Rs133.50

Last Trade: Rs. 119.30 Rs119.25

Volume: 17,391,035 16,784,883

 Company Background

• public sector undertaking

• Mini Ratna Category I
• partnership firm- promoted
by Shaukat S Tharadra
• located onshore in the Upper
Assam basin in the states of • manufacturing facility is
Assam and Arunachal Pradesh located at Thane,
• Jaisalmer basin in the state of Maharashtra
Rajasthan • crushing and oil filtration
• exploration, development,
production and transportation
of crude oil and natural gas
 IPO Details

• price band of Rs. 950 - • price band of Rs100-120

Rs. 1050 Per Equity per equity share
Share
• ICRA has assigned an
• CRISIL IPO Grade "4/5" IPO Grade 2 to Raj Oil
(pronounced "four on Mills Ltd IPO.
five") to Oil India Ltd
IPO.
 IPO Details
PARTICULARS OIL INDIA RAJ OIL

PRICE BAND 950-1050 100-120

FRESH SHARE 2,64,00,000 95,00,000

Oversubscription 23 times 1.8 times

ISSUE 2777,00,00,000 114,00,00,000

RATINGS CRISIL-4/5 ICRS-2/5

 Objects of the Issue

OIL INDIA
 Objects of the Issue

RAJ OIL
Valuation Recommendation & Peer
Comparison
 Valuation Recommendation & Peer
Comparison

Particulars Raj Oil Mills KS Oils

Face Value 10.00 1.00
Latest Equity 21.17 35.63
Mkt. Price 100 51.7
Book Value 33.96 25.78
EPS 11.17 4.9
P/E 10.54 10.55
P/B 2.94 2.01
M.Cap/Sales 0.30 0.59
PAT / Sales 9% 6%
PBIDT / Sales 16% 12%
M.Cap (Cr) 95.00 1842.07
 Risk Factors
– OIL INDIA

– Increasing Volatility in crude oil prices

– Uncertainty over the subsidy sharing mechanism

– Prices and availability of raw materials

– Intense Competition
 Financial Overview

PARTICULARS OIL INDIA RAJ OILS

NET SALES 20560 461
NET PROFIT 2161 40
EPS 101 11.3
P/E RATIO 11.7 10.6
ROE 23% 19.9%