IT IS AN INDIAN MULTINATIONAL OIL AND GAS COMPANY. IT IS THE OWNERSHIP OF GOVERNMENT OF INDIA AND ADMINISTRATIVE CONTROL OF THE MINISTRY OF PETROLEUM AND NATURAL GAS. IT IS PUBLIC SECTOR UNDERTAKING. IT IS REGISTERED IN MUMBAI BUT HEADQUARTERS IN NEW DELHI. IT IS THE LARGEST GOVERNMENT OWNED OIL PRODUCER.
IT IS TRADED IN BSE AND NSE ALSO. IT IS FOUNDED IN 30 JUN 1959. IT SERVE IN INDIA, SRI LANKA, MIDDLE EAST AND MAURITIUS. THE HISTORY OF INDIAN OIL CORPORATION (IOCL) INCLUDES ITS ESTABLISHMENT IN 1964 AND ITS SUBSEQUENT GROWTH AND EXPANSIONS ARE LISTED BELOW:-
1958:-
INDIAN REFINERIES LIMITED WAS ESTABLISHED.
1959: –
INDIAN OIL COMPANY LIMITED WAS ESTABLISHED.
1964:-
INDIAN OIL COMPANY LIMITED AND INDIAN REFINERIES LIMITED MERGED TO FORM INDIAN OIL CORPORATION LIMITED.
2001:-
INDIAN OIL (MAURITIUS) LIMITED WAS REGISTERED.
2022:-
IOCL WAS RANKED 142ND ON THE FORTUNE GLOBAL 500 LIST OF THE WORLD`S BIGGEST CORPORATION.
MARKET CAP:-
RS 195438 CR
CURRENT PRICE:-
RS 138/-
HIGH / LOW:-
RS 197 / 117
STOCK P / E:-
11.4
BOOK VALUE:-
RS 128
DIVIDEND YIELD:-
8.73 %
ROCE:-
21.1%
ROE:-
25.7%
FACE VALUE:-
RS 10.0/-
PROS:-
STOCK IS TRADING AT 1.08 TIMES ITS BOOK VALUE.
STOCK IS PROVIDING A GOOD DIVIDEND YIELD OF 8.73%.
COMPANY HAS DELIVERED GOOD PROFIT GROWTH OF 19.1% CAGR OVER LAST FIVE YEARS.
COMPANY HAS BEEN MAINTAINING A HEALTHY DIVIDEND PAYOUT OF 42.6%.
IPO OF INDIAN OIL CORPORATION LIMITED:-
ISSUE DATE:-
THE IPO OPENED ON 07 SEP 2009 AND CLOSED ON 10 SEP 2009.
LISTING DATE:
THE SHARES WERE LISTED ON THE BOMBAY STOCK EXCHANGE (BSE) AND NATIONAL STOCK EXCHANGE (NSE) ON 30 SEP 2009.
OFFER PRICE:-
THE OFFER PRICE RANGE WAS RS 950 TO 1050 PER EQUITY SHARES.
ISSUE SIZE:-
THE ISSUE SIZE WAS 26449982 EQUITY SHARES.
BONUS HISTORY:-
| SL NO | EX DATE | BONUS RATIO | RECORD DATE |
| 1. | 30 JUN 22 | 1:2 | 01 JUL 22 |
| 2. | 15 MAR 18 | 1:1 | 17 MAR 18 |
| 3. | 18 OCT 16 | 1:1 | 19 OCT 16 |
| 4. | 29 OCT 09 | 1:1 | 30 OCT 09 |
| 5. | 14 AUG 03 | 1:2 | 18 AUG 03 |
SPLIT HISTORY:-
INDIAN OIL CORPORATION (IOC) HAS NOT ANNOUNCED A STOCK SPLIT SINCE 2018. THE FACE VALUE OF IOC SHARES HAS NOT BEEN SPLIT SINCE 01 JAN 2000.
DIVIDEND HISTORY:-
| DATE | DIVIDEND AMOUNT | DIVIDEND TYPE | RECORD DATE |
| 12 Jul 2024 | 7.00 | FINAL | 12 Jul 2024 |
| 10 Nov 2023 | 5.00 | INTERIM | 10 Nov 2023 |
| 28 Jul 2023 | 3.00 | FINAL | 28 Jul 2023 |
| 11 Aug 2022 | 2.40 | FINAL | 12 Aug 2022 |
| 09 Feb 2022 | 4.00 | INTERIM | 10 Feb 2022 |
| 11 Nov 2021 | 5.00 | INTERIM | 12 Nov 2021 |
| 05 Aug 2021 | 1.50 | FINAL | 06 Aug 2021 |
| 23 Mar 2021 | 3.00 | INTERIM | 24 Mar 2021 |
| 09 Feb 2021 | 7.50 | INTERIM | 10 Feb 2021 |
| 23 Mar 2020 | 4.25 | INTERIM | 25 Mar 2020 |
| 21 Aug 2019 | 1.00 | FINAL | – |
| 27 Mar 2019 | 1.50 | INTERIM | 28 Mar 2019 |
| 21 Dec 2018 | 6.75 | INTERIM | 25 Dec 2018 |
| 20 Aug 2018 | 2.00 | FINAL | – |
| 08 Feb 2018 | 19.00 | INTERIM | 09 Feb 2018 |
| 18 Aug 2017 | 1.00 | FINAL | – |
| 24 Mar 2017 | 4.50 | INTERIM | 27 Mar 2017 |
| 09 Feb 2017 | 13.50 | INTERIM | 10 Feb 2017 |
| 02 Sep 2016 | 8.50 | FINAL | – |
| 23 Feb 2016 | 5.50 | INTERIM | 24 Feb 2016 |
| 04 Sep 2015 | 6.60 | FINAL | – |
| 14 Aug 2014 | 8.70 | FINAL | – |
| 22 Aug 2013 | 6.20 | FINAL | – |
| 05 Sep 2012 | 5.00 | FINAL | – |
| 15 Sep 2011 | 9.50 | FINAL | – |
| 08 Sep 2010 | 13.00 | FINAL | – |
| 02 Sep 2009 | 7.50 | FINAL | – |
| 09 Sep 2008 | 5.50 | FINAL | – |
| 10 Sep 2007 | 13.00 | FINAL | – |
| 26 Dec 2006 | 6.00 | INTERIM | 27 Dec 2006 |
| 07 Sep 2006 | 12.50 | FINAL | – |
| 08 Sep 2005 | 10.00 | FINAL | – |
| 29 Dec 2004 | 4.50 | INTERIM | 30 Dec 2004 |
| 23 Aug 2004 | 16.00 | FINAL | – |
| 01 Jan 2004 | 5.00 | INTERIM | 02 Jan 2004 |
| 18 Sep 2003 | 16.00 | FINAL | – |
| 03 Feb 2003 | 5.00 | INTERIM | 05 Feb 2003 |
THANKS.
PLEASE COMMENT IN COMMENT BOX.
Good
Good
Excellent