ONGC FPO likely to hit market on March 15 - Economic Times

NEW DELHI: The Rs 13,000 crore public offering of state-run Oil and Natural Gas Corp (ONGC) is likely to hit the market on March 15, a government official said today.

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NEW DELHI: The Rs 13,000 crore public offering of state-run Oil and Natural Gas Corp (ONGC) is likely to hit the market on March 15, a government official said today. "A tentative schedule has been drawn for the follow-on public offer, as per which the first road show will be held in Chennai on February 2 and the public offer will hit the market on March 15," the official said after the kick off meeting of the FPO here today. ONGC will file the red herring prospectus for the FPO by February 25, by which time it hopes to have five more independent directors on the company's board to meet the SEBI's listing requirement.

ONGC FPO likely to hit market on March 15 - Economic Times