Gail Buyback 2022

Grey Market Trend
On 4 April 2022
Application Buyers @ 5000
Application Sellers @ Rs. 6500
After 45 days Interest @ 1.%
one will have to buy shares around 18th April Approx of Rs. 195,000 to Rs. 200,000

Company Details :
GAIL Limited is a government owned natural gas explorer and producer responsible for natural gas processing and distribution in India headquartered in GAIL Bhawan New Delhi, India. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India.
The company owns and operates a network of around 13,340 km of natural gas pipelines spread across the country. GAIL (India) Limited was incorporated in 1984.

GAIL (India) Buyback Detail
Issue Period
Security Name GAIL (India) Limited
Issue Type Tender Offer
Issue Size (Shares) 5.70 Crores
Issue Size (Amount) Rs 1,082.72 Crores
Buyback Price Rs190 per share
Face Value Rs10 per share
Current Market Price Rs. 162 on 01.04.2022
Listing At BSE, NSE

GAIL (India) Buyback Issue Timetable
Offer Opens On
Offer Closes On
Record Date Apr 22, 2022
Last Date for receipt of Tender Forms
Finalisation of Buyback Acceptance
Last Date for settlment of bids
Last Date for Extinguishment of Shares

Financial Data:
52 Week high Rs. 171.30
52 Week Low Rs. 125.20
TTM Earnings Per Share : Rs. 25.42
TTM PE Ratio : 6.37
Sector PE RAtio : 17.03
Book Value Per Share : Rs 119.99
Price to Book Value : 1.36
Dividend Yield : 3.09

Share Holding Pattern as on 31.12.2021
Promoters : 51.80%
FII : 19.69 %
DII : 23.19%
Public : 5.32 %

Company Address :
GAIL (India) Limited
GAIL Bhawan,
16 Bhikaji Cama Place,
R K Puram, New Delhi – 110066

Guidance on Buyback offer by Paresh Gordhandas ( Research Analyst)

Will be updated soon