Gail Buyback 2022
(i) 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 country. It is also working concurrently on execution of multiple pipeline projects to further enhance the spread.
(ii) GAIL (India) Ltd. is a Central Public Sector Undertaking (PSU) under the Ministry of Petroleum and Natural Gas, with the mission of accelerating and optimizing the effective and economic use of Natural Gas and its fractions for the benefit of the national economy.
(iii) GAIL, having started as a Gas Transmission Company during the late eighties, has grown organically by building a large network of Natural Gas pipelines covering over 11,000 km; two LPG Pipelines covering more than 2,000 km; six Gas Processing plants for production of LPG and other liquid hydrocarbons, with a combined production capacity of around 1.3 MMTPA, and a gas based integrated petrochemical plant of capacity 810,000 TPA.
(iv) The Company also has 70% equity share in Brahmaputra Cracker and Polymer Limited (BCPL) which has set up 280,000 TPA polymer plant in Assam. Further, GAIL is a co-promoter of ONGC Petro-additions Limited (OPaL) which is implementing a green field petrochemical complex of 1.4 MMTPA polymer capacity at Dahej in the State of Gujarat. The company has integrated upstream into the business of Exploration & Production with participating interests in 11 E&P Blocks, including 2 blocks in Myanmar. GAIL has also integrated downstream into the high growth retail City Gas Distribution business both in India and abroad.
Buy Back Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Record Date: | Apr 22 2022 |
| Buyback Opening Date: | May 25 2022 |
| Buyback Closing Date: | Jun 07 2022 |
| Buyback Offer Amount: | ₹ 1082 Crores |
| Date of Board Meeting approving the proposal: | Mar 31 2022 |
| Date of Public Announcement: | Mar 31 2022 |
| Buyback Offer Size: | 1.28% |
| Buyback Number of Shares: | 5,69,85,463 |
| Price Type: | Tender offer |
| FV: | 10 |
| Buyback Price: | ₹ 190 Per Equity Share |
Details of Buyback:
Salient financial parameters:
| Particulars (Crores) | Mar-15 | Mar-16 | Mar-17 | Mar-18 | Mar-19 | Mar-20 |
| Sales | 60,557 | 52,053 | 48,552 | 54,496 | 76,190 | 72,508 |
| Expenses | 54,923 | 47,524 | 42,537 | 46,701 | 66,283 | 63,495 |
| Operating Profit | 5,635 | 4,529 | 6,015 | 7,796 | 9,907 | 9,013 |
| OPM % | 9% | 9% | 12% | 14% | 13% | 12% |
| Other Income | 942 | 737 | 1,218 | 954 | 1,751 | 3,805 |
| Interest | 652 | 822 | 509 | 295 | 159 | 309 |
| Depreciation | 1,433 | 1,496 | 1,541 | 1,527 | 1,667 | 2,080 |
| Profit before tax | 4,492 | 2,949 | 5,183 | 6,928 | 9,831 | 10,429 |
| Tax % | 32% | 37% | 35% | 31% | 33% | 9% |
| Net Profit | 3,160 | 1,869 | 3,368 | 4,799 | 6,546 | 9,422 |
| EPS in Rs | 7.01 | 4.14 | 7.47 | 10.64 | 14.51 | 20.89 |
| Dividend Payout % | 24% | 37% | 56% | 43% | 25% | 31% |
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Amount Invested in Buyback | 163157 | 163157 | 163157 | 163157 |
| No. of Shares buyback | 347 | 526 | 789 | 1052 |
| BuyBack Profit | 12145 | 18410 | 27615 | 36820 |
| Profit | 7.44% | 11.2% | 17% | 22.5% |
Recommendation:
79 Comments
Leave a Reply
You must be logged in to post a comment.
269 shares accepted out of 1100
24.45%
Around 24.5%
Gail BB accepted 287 against 1175
when will we get our balance shares back? can we sell it today?
HI Sir, out of 1200 only 290 accepted and received money for it, but received mail from CDSL, stating that all 1200 shares have been debited!! Is it normal?
dear umeshi ji/sivramakrishnaji
any idea about gai acceptance ratio? when will get our funds for the same tomorrow or on 23?
By 15th, you may be able to know the AR and by 16th, the resultant amount of the buyback will be credited to your bank account .
dear sir
do we have recd gail shares or not? if not then when it will get credited?
Sir,
Please check up your Dmat account. Shares are already credited to our account.
i forgot to apply during buyback .is there anyway I can still apply or all is gone
Yes all is gone .you had helped for betterment of acceptance ratio. But keep shares having good performance.
dear umesh paliwalji/shivramakrishna ji
wat is thee AR for gail? do u have any updates? pls share….
35% to 40% in the Retail Category.
thank u sir
any idea regarding AR in gail?
I think AR will be 20-25%
thank u sir
As per expert: AR will be 10-11%.
https://www.zeebiz.com/market-news/news-gail-buyback-last-date-to-tender-shares-today-know-acceptance-ratio-here-186520
Hi,
I am able to find live demand schedule on BSE but not on NSE. Can anyone help me out with the link or information related to the same?
https://www.bseindia.com/markets/publicIssues/ACQDisp.aspx?id=532155&IPONo=5763&type=OTB&idtype=1&status=L&startdt=25/05/2022
Presuming that the bids submitted by the retail investors are 40% of the bids submitted by the Individual investors, AR may be around 35% to 40%.
https://www.bseindia.com/markets/publicIssues/ACQDisp.aspx?id=532155&type=OTB&idtype=1&status=L&IPONo=5763&startdt=25/05/2022
BSE is the only Designated Stock Exchange as per Letter of Offer
Sumit ji,
Do you mind to share the AR in Retail Category in respect of Filatex ? Is it a reasonably good one? Thank you n all the best.
1130/1400
Thank you very much for your consideration to reply.All the best.
DEAR SIR
DO U HAVE ANY IDEA OF AR ACCEPTED BY GAIL?
Y GAIL IS GOING SO MUCH DOWN, IS THERE IS ANY NEWS REGARDING GAIL BUYBACK?
🔹 *GAIL BUYBACK SCHEDULE ANNOUNCED* 👍
*Buyback Window Opens : 25 May*
*Buyback Window Closes : 07 June*
*Buyback Settlement Date : 16 June*
*Retail Entitlement Ratio : 80 Shares Against 1,000 Shares (8%)*
*Expected Retail Acceptance Ratio : 225 Shares against 1,000 Shares (22%)*
Sir,
Thank you very much for your information.
SIR PLS REPLY URGENTLY REGARDING GAIL AR…
ER 5% . 2 shares for 25 Shares held in Retail /Small Share holder
And
ER 1.12% . 2 shares for 179 Shares held in General Category
Reserved Category
2 Equity Shares out of every 25
General Category
2 Equity Shares out of every 179
ER is 8%
2 for 25 so 8 for 100
It’s 8%
Can anyone please advise the buy back open date of GAIL?
i had talked to Gail official. Buy back Tender still not opened, and will be opened in a week maximum. i will post in group as soon as announced. i have large portfolio in 10 various accounts to submit.
Thanks Mr Mahesh. Record date is April 22nd. Legally how long they can take to announce/implement the scheme? Investors who would have sold after April 22nd – how then can participate?
You will get 10 days to repurchase and submit the same after declaration of dates.till that 10 days opening is not declared. Wait
*GAIL BUYBACK UPDATE*
✓ Size (in CR.) – Rs.1,083/- approx
✓ Offer Price – Rs. 190/- per share
✓Record date – 22/04/2022
*Entitlement* in retail category *around 8%*
*Acceptance Ratio* in retail category will be *around 26%* as per *current scenario* , it *may vary* depending on factors like *share price moment* .
*_Kindly hedge your position accordingly_*
Forwarded News on Watsapp
thank u umeshji for information about gail..
i want to know hw much qty is eligible in retail category for gail buyback as i m holding 1150 and 1200 shares in two different account….
Sir wat is the retail eligible qty of gail for buyback
1214 shares on basis of closing price Rs 164.70 on 22 April
Sarda Energy would be coming up with buyback. Experts kindly suggest about this company,
Sarda Energy & Minerals Limited Buyback Particulars:
Buyback size: upto 08,11,108 shares
Buyback price : Rs. 1500/-
Buyback amount: Rs.121.67 Crores
Mode : Through Tender Offer
Record date : May 6, 2022
CMP: Around Rs.1310/-
Happy investing to all of you. Thank you.
Placed Buy order for 60 shares @ Rs. 1180.15
Any new share for Buyback / OFS? Kindly suggest.
Thanks
If i buy gail shares today will I be eligible for buyback?
Yes, if bought today (20Apr22), then eligible for buyback
DEAR UMESH JI /SRK JI
I HAVE PURCHASED 1200 SHARES OF GAIL IN 5 ACCOUNTS EACH INSTEAD OF 1056 SHARES NOW CURRENT PRICE HAS CROSSED 165 MARK , 25 SHARES TILL 170 MARK OR I HAVE TO SELL 50 SHARES TILL 173.9. MY CALCULATION IS CORRECT OR NOT? PLS GUIDE ME
Sir,
To be on a more safer side, better to sell 100 shares in each account as the market price may touch Rs.1800/- also. Nothing can be ruled out. It is upto you to decide n take a decision in this regard. Thank you n all the best.
Sorry, it is 180/- . Wrongly typed as1800/-.
thanks a lot sirji for ur valuable advice,i ll keep in mind…
For Filatex:
Thanks SRK ji, I got to know about it from you only. Kindly continue to tell us about new offers.
For Filatex, I assume it may reach 140 or 139 before the buyback itself…
Thanks again for letting me know about this jewel.
Sumit Jain ji,
It has touched the price of Rs.138.45 today. Market price is likely to exceeds the BB PRICE shortly. All the best to you.
For Filatex:
Not much seems to be interested in Filatex Buyback, and it may offer very good buyback %age in retail. Seeing todays closing Rs 130.40 would be considered as record price and anyone having less than 1533 shares would be considered in small share holder category.
Experts suggest possible AR as per their guess?
Sumit ji,
Though I am not an expert, I believe that the AR may hopefully be around 60% as the number of participants may not be that much larger. All the best to you,Sir. Thank you.
Thanks SRK ji, I got to know about it from you only. Kindly continue to tell us about new offers.
For Filatex, I assume it may reach 140 or 139 before the buyback itself…
Thanks again for letting me know about this jewel.
If anyone knows the final bidding particulars of the buyback of Mayur Uniquoters, the same may please be shared. Thank you.
24 march to 6 april 22
Tiwari ji,
Thank you for your response. I have requested for the final bidding particulars. But, you have shared the dates of the buyback. Anyway, I appreciate your kindness in responding. All the best.
Sry
My one share get accepted out of 10
In my case, it is 26/400. You are lucky enough. All the best n thank you.
At current rate we can purchase or wait for 155 for buy back purpose.
@experts I’ve purchased 100@155, and looking to buy more 400 shares. I understand that if price goes below 155, it’s a good opportunity to buy more and average it out.
But, I’m bit of confused, what strategy we should follow if price moves higher, like it’s already 161 as of writing this. Like, can I buy more 100@165, 100@170 and so on.
I would really appreciate your views on this. And @sivaramakrishna ji, nice to see you here as well 🙂
Umesh Paliwal Ji & SRK ji
Thanks for information and update. 1.28% size seems to be too small and with large gap between current price and market price, I am fearful that acceptance ratio may be max 15 -20% for retail and then the final price after may totally wiped out profit…
I would prefer to buy at 140 or lower, if it comes before record date…
Kindly suggest your commments.
Sir …in my humble opinion gail price will be above 160 after buyback….so no loss…even if it goes below 140 ,one can average it and wait to cross cmp of 156….lot of chances of gaining money is here
Sumit ji,
Nothing can be ruled out. All the best, Sir. Our opinions may differ but not our relationship. Thank you very much for your kind views.
For those who want to hedge…..
https://d2un9pqbzgw43g.cloudfront.net/main/BUYBACK-GAIL.pdf
Caution: This is the forwarded information on the Watsapp Group, so before applying any strategy please consult your financial advisor.
How the Acceptance ratio for Gail buyback for retail category for 2021 was 100 percent
VERY HELPFUL …
DEAR SIR I HAVE PURCHASED 1200 SHARES OF GAIL IN 5 ACCOUNTS EACH NOW CURRENT PRICE HAS CROSSED 165 MARK , I HAVE TO SELL 50 SHARES TILL 173.9 OR 25 SHARES TILL 170 MARK. MY CALCULATION IS CORRECT OR NOT? PLS GUIDE ME
Gail Buyback Record Date is 22.04.2022
Umesh Ji How Can I Contec u
Buyback is announced….
https://www.bseindia.com/xml-data/corpfiling/AttachLive/ccbf54b2-18d9-4a88-a599-e22301901f3c.pdf
Today I have purchased 1000 shares @ Rs.155.20 keeping in view the BBP of Rs. 190/-. Thank you.
Thanks SRK ji,
Rs 160/- provides very small incentive (8%) in this comparatively risky stock. The world Oil market is in turmoil and it can go large %age either side.
I am not sure but still putting to buy 800nos at 149..
The number of investors have been increasing in many folds and hence the AR may not be that much attractive as seen in TCS. However, I still believe that this buyback will reasonably be good. I am hopeful that the Buyback price will not be less than Rs.160/-. I wish to place buy order @ Rs.148/-. Let us wait and see. All the best to all of you. Thank you.
Hello Sir,
Could you please advise how to hedge in FNO for buybacks?
Sorry, no idea.