10 Largest IPOs in India

Oil and Natural Gas Corporation

Oil and Natural Gas Corporation, is an Indian state-owned oil and gas company headquartered in New Delhi, India. ONGC public offerings opened on March 5, 2004. It is India's one of the largest Asia-based oil and gas exploration and production company. The oil production is around 77 percent of India's total crude oil production and produces around 81 percent of natural gas production. ONGC is among the largest companies to be traded publically by market capitalization in India and the largest India based company measured by profits. Prior to Reliance Power IPO was launched, ONGC was the largest IPO offering was the largest IPO by any company ever in the Indian capital markets with 142.59 million shares being sold through the book-building route in a price band of 680-750. The ONGC shares trades at 284.70 today.