Gail Buyback 2022gail buyback 2022 analysis

    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

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