About Indian Oil Corporation in 3079/3 J.B. Tito Marg, Sadiq Nagar, New Delhi

Indian Oil Corporation Limited, or IndianOil, (BSE: 530965, NSE: IOC) is an Indian state-owned oil and gas corporation with its headquarters are in Mumbai, Maharashtra, India. The company is the world's 98th largest public corporation, according to the Fortune Global 500 list, and the largest public corporation in India when ranked by revenue.[2] IndianOil and its subsidiaries account for a 47% share in the petroleum products market, 34% share in refining capacity and 67% downstream sector pipelines capacity in India. The IndianOil Group of Companies owns and operates 10 of India's 21 refineries with a combined refining capacity of 65.7 million metric tons per year. President of India owns 78.92% (191.62 Crore shares)in the company. in FY'11 IOCL sold 64.1 million tonnes of petroleum products and reported a PBT of Rs.9096 Crore, & Govt of india earned an excise duty of Rs.25789.90 crore and tax of Rs.1650 Crore. It is one of the five Maharatna status companies of India,apart from Coal India Limited, NTPC Limited, Oil and Natural Gas Corporation and Steel Authority of India Limited

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