Friday, June 21, 2024

Gail Buyback Record Date 2022, Price, Eligibility, How to Apply & Acceptance Ratio


Gail buyback 2022 was introduced on 31 March 2022. The Gail buyback report date is 22 April 2022. The investor can buy the Gail shares on or earlier than the report date to get the eligibility for the buyback. GAIL buyback 2020-21, The authorities had acquired ₹747 crores from that share buyback.

GAIL (India) Limited is India’s main pure gasoline firm with diversified pursuits throughout the pure gasoline worth chain of buying and selling, transmission, LPG manufacturing & transmission, LNG re-gasification, petrochemicals, metropolis gasoline, E&P, and so forth. It owns and operates a community of round 13,340 km of pure gasoline pipelines unfold throughout the size and breadth of the nation. It can be working concurrently on the execution of a number of pipeline initiatives to additional improve the unfold. GAIL instructions ~70% market share in gasoline transmission and has a Gas buying and selling share of over ~ 50% in India. GAIL and its Subsidiaries / JVs even have a formidable market share in City Gas Distribution. In the Liquefied Natural Gas (LNG) market, GAIL has a considerably giant portfolio. GAIL can be increasing its presence in renewable power like Solar, Wind, and Biofuel. Check out Gail Buyback 2022 particulars under given:

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GAIL

Gail Buyback Record Date 2022 & Time Table

 Buyback Meeting Date:

 31 March 2022

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 Buyback Announcement Date:  31 March 2022
 Buyback Record Date:  22 April 2022
 Buyback Open Date:  2022
 Buyback Close Date:

 2022

 Finalization of Buyback Acceptance:

 2022

Gail Buyback 2022 Offer Details

 Offer Amount:  ₹1082.72 Crores
 Number of Shares:

 5,69,85,463 Shares

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 Face Value:

 ₹10 per fairness share

 Buyback Price:  ₹190 per fairness share
 Listing:  BSE & NSE
 Buyback Type:  Tender Offer

Gail buyback of 5,69,85,463 fairness shares which might be round 2.50% of all the present variety of fairness shares at a worth of ₹190 per fairness share. The buyback provides not to exceed ₹1082.72 crores of the overall buyback supply measurement. Gail Buyback Acceptance Ratio can be round (To be up to date quickly).

Gail Buyback Acceptance Ratio (Estimated)

The investor can buy round 1052 shares at a present market worth of ₹- (As of 2022). The calculation can be Rs.2,00,000 / 190 buyback worth = 1052 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹- ₹-
50% ₹- ₹
75% ₹- ₹
100% ₹- ₹

Gail Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹76,671 ₹66,036 ₹6,025
2020 ₹73,293 ₹63,513 ₹6,620
2021 ₹58,742 ₹50,448 ₹4,890

Gail Buyback Eligibility & How to Apply

The buyers are eligible for the buyback scheme who’ve Gail shares of their Demat account because the report date is 22 April 2022. Investors can take part within the Gail Buyback 2022 scheme as per the opening kind by promoting their shares. The cost can be given as per the accepted shares by the corporate beneath the Gail buyback scheme. The buyers can take part in buyback through bodily kind or through your dealer or Demat account by inserting an order.

Checkout Current Gail Shares market worth on NSE and BSE: Gail Share Price Today
 

Gail Buyback Registrar

 

Gail Buyback Lead Managers

Gail Company Address

GAIL(INDIA) Limited

GAIL Bhawan, 16 Bhikaji Cama Place,

R Ok Puram, New Delhi – 110066

EPABX: 011-26172580, 26182956

Gail Buyback 2022 FAQs

When is Gail Buyback Record Date?

Gail buyback 2022 report date is 22 April 2022.

When is Gail Buyback Announcement Date?

Gail buyback 2022 announcement date is 31 March 2022.
What is Gail Buyback Acceptance Ratio?

Gail buyback Acceptance ratio can be round -%.
What is Gail Buyback Price?

The firm has mounted the worth at ₹190 per share.
How to apply for Gail Buyback 2022?

As per the report date you want to have Gail shares in your Demat account. You can take part in buyback after having the inventory in your account.

Note: If something you need to know concerning the buyback supply you possibly can refer to the Gail buyback supply paperwork.

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– Source : IPOWATCH

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