Gail buyback 2022 was announced on 31 March 2022. The Gail buyback record date is 22 April 2022. The investor should buy the Gail shares on or before the record date to get the eligibility for the buyback. GAIL buyback 2020-21, The government had received ₹747 crores from that share buyback. Check out Gail Buyback 2022 details below given:
Gail Buyback Ratio:
- Reserved Category for Small Shareholders: 2 Equity Shares for every 25 Equity Shares
- General Category for all other Eligible Shareholders: 2 Equity Shares for every 179 Equity Shares
Gail Buyback 2022 Dates
| Gail Buyback Meeting Date: | 31 March 2022 |
| Gail Buyback Announcement Date: | 31 March 2022 |
| Gail Buyback Record Date: | 22 April 2022 |
| Gail Buyback Open Date: | 25 May 2022 |
| Gail Buyback Close Date: | 07 June 2022 |
| Finalization of Buyback Acceptance: | 22 April 2022 |
Gail Buyback 2022 Offer Details
| Offer Amount: | ₹1082.72 Crores |
| Number of Shares: | 5,69,85,463 Shares |
| Face Value: | ₹10 per equity share |
| Gail Buyback Price: | ₹190 per equity share |
| Listing: | BSE & NSE |
| Gail Buyback Type: | Tender Offer |
About Company – GAIL Limited
GAIL (India) Limited is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. It owns and operates a network of around 13,340 km of natural gas pipelines spread across the length and breadth of the country. It is also working concurrently on the execution of multiple pipeline projects to further enhance the spread. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share in City Gas Distribution. In the Liquefied Natural Gas (LNG) market, GAIL has a significantly large portfolio. GAIL is also expanding its presence in renewable energy like Solar, Wind, and Biofuel.
Gail Buyback 2022 Acceptance Ratio (Estimated)
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹163,157 | 347 | ₹12,145 |
| 50% | ₹163,157 | 526 | ₹18,410 |
| 75% | ₹163,157 | 789 | ₹27,615 |
| 100% | ₹163,157 | 1052 | ₹36,820 |
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 2022 Eligibility & How to Apply
Gail Buyback 2022 Registrar
Gail Buyback 2022 Lead Managers
- IDBI Capital Market Services Limited
Gail Company Address
Gail Buyback 2022 FAQs
Note: If anything you want to know about the buyback offer you can refer to the Gail buyback offer documents.
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