Keep Hold Nahar Spinning Mills Ltd touch 100+....

Issue Details ::

Issue Opens on : Monday, September 07,2009

Issue Closes on : Friday, September 10, 2009

Price Band : Rs.950/- to Rs.1050/- per equity share

Issue highlights ::

CRISIL has assigned a CRISIL IPO Grade "4/5". This grade indicates that the fundamentals of the IPO are above average relative to the other listed equity securities in India.

About the Company ::

* OIL is a ‘Mini Ratna’ public sector undertaking (PSU), in which the GoI holds 98.1 per cent equity.
* OIL is primarily engaged in the exploration, development, production and transportation of crude oil and natural gas in India.
* In 2008-09, the company reported a net profit of Rs 21.6 billion on a turnover of Rs 72 billion.It posted an EPS of Rs 101 during the same period, while its book value per share stood at Rs 436.OIL’s return on capital employed (RoCE) and return on equity (RoE) for the year stood at 35.0 per cent and 25.0 per cent, respectively.