Oil and Natural Gas Corporation Limited (ONGC) celebrated a historic milestone- 30 years of its listing in Indian stock exchanges, marking three decades of consistent performance, public belief and significant contribution to India’s energy and economic development. The ONGC is celebrating the 30th anniversary of its stock market listing, a visit that began in February 1994 and has become a milestone in the development of India’s public sector and capital market since then. The festival shows its permanent heritage of wealth creation, governance and national service.
ONGC was first listed in February 1994. In 2004, the company launched India’s most prestigious early public offer (IPO), raising Rs 10,500 crore, which was oversquesured within an hour. Today, July 24, 2025, the company marks its 30-year milestone on NSE. ONGC is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), where it is one of the most widely held and actively trading public sector shares.
It had 76,703 shareholders in the year 2004 and the number of ONGC investors has increased to more than 30 lakhs today which is spreading retail and institutional areas in India and global markets. It is recognized as the foundation stone in India’s energy and equity scenario. ONGC in shaping India’s capital markets. The 2004 IPO was a major success, which helped the Government of India cross the disinvestment goals, and set a gold standard for PSU listing.
ONGC has achieved it through continuous execution, transparent governance, investor-friendly practices and shareholders awards. In 1994, a single share allocated at ₹ 270 is multiplied through stock split and bonus, and today’s price at ₹ 246, now a price of ₹ 8,856 – except for dividends, translates more than 3,000% of returns and about 12% CAGR in 30 years.
The success story of ONGC reflects the development of Indian equity markets. With the total market capitalization of 22.94 crore registered investors and ₹ 456.11 lakh crore (USD $ 5.29 trillion), India’s exchange has become a global powerhouse. ONGC continues to act as a symbol of stability, trust and public wealth creation.
ONGC is entering its next stage, it is committed to energy security, sustainable development and providing long -term value to its stakeholders. This 30 -year milestone is more than a corporate achievement – it is a celebration of India’s economic growth and the power of public participation in nation building.
