GAIL Buyback 2022 Record Date, Buyback Price & Details

GAIL Buyback 2022

GAIL Buyback 2022 announced on 31 March 2022. The GAIL buyback to start from 25 May 2022 and closes on 27 June 2022. The Company will do Buyback with equity of 5,69,85,463 Equity Shares around 1.28% of Face Value ₹10/ Each Fully paid off at a Price Of ₹190/- Per Equity. The size of this Buyback is about ₹1,082.72 Crores. And this will be done through a Buyback Tender Offer.

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. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India.

Read also:- Share Buyback List 2022

GAIL and its Subsidiaries / JVs also have a formidable market share in City Gas Distribution . In the Liquefied Natural Gas (LNG) market, GAIL has significantly large portfolio. GAIL is also expanding its presence in renewable energy like Solar, Wind and Biofuel.

GAIL Buyback 2022 Offer Details:

Event NameDetails
Buyback TypeTender Offer
Buyback Record Date22 April 2022
Buyback Offer Amount₹1082.72 Cr
Date of Board Meeting approving the proposal31 March 2022
Date of Public Announcement31 March 2022
Buyback Offer Size1.28%
Buyback Number of Shares5,69,85,463
ListingNSE, BSE
Face Value₹10/- Rs.
Buyback Price₹190/- per share.
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GAIL Buyback 2022 Important Dates :

We have covered all important dates related to “GAIL Buyback 2022” Buyback Activity Dates are updated as they are announced.

Buyback ActivityDates
Board Meeting for Buyback proposal31 March 2022
Buyback Approval date31 March 2022
Public Announcement Date31 March 2022
Buyback Record Date22 April 2022
Buyback Opening Date25 May 2022
Buyback Closing Date07 June 2022

GAIL Limited Financial Report (in Cr) :

YearRevenueExpensePAT
2021-9M₹66,300.87₹54,563.02₹7,680.86
2021₹58,742.25₹50,292.66₹4,890.18
2020₹73,293.19₹63,405.34₹6,620.63
2019₹76,671.57₹65,571.66₹6,025.67
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Quick Link :

Buyback Publication Link
Letter Of Offer
■ Application Form

Registrar of The Buyback :

MCS Share Transfer Agent Limited
F-65, 1st Floor, Okhla Industrial Area, Phase-1,
New Delhi – 110020
Tel No: +91 11 4140 6149
Fax No: +91 11 4170 9881
Contact Person: Mr. Amar Jit
Email: [email protected]
Website: www.mcsregistrars.com

Manager of The Buyback :

IDBI Capital Markets & Securities Limited
6th floor, IDBI Tower, WTC Complex, Cuffe Parade,
Mumbai 400 005
Tel No.:+91 22 2217 1953
Fax No.: +91 22 2215 1787
Contact Person: Mr. Ashik Joisar/ Mr. Vimal Maniyar
Email: [email protected]
Website: www.idbicapital.com

Company Address :

GAIL (India) Limited
GAIL Bhawan,
16 Bhikaji Cama Place,
R K Puram, New Delhi – 110066
Phone: 011-26172580, 261829
Website: https://gailonline.com/home.html

How to Participate in GAIL Ltd buyback?

The Investors are eligible for the buyback scheme who have GAIL shares in their Demat account as the Record date is 22 April 2022 as the offer is Tender Offer. Investors can participate in the GAIL Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the GAIL buyback scheme.

How to apply for GAIL buyback zerodha?

You can apply for the buyback, follow the steps below:

  • Visit console.zerodha.com.
  • Click on the context menu and then Portfolio.
  • Click on Corporate actions.
  • Click the Buybacks tab, tap on GAIL and then Place order.
  • Enter the quantity and tap on Submit.

How to apply for GAIL buyback on Groww?

You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.

  • Visit  the official Groww website.
  • Search GAIL Buyback in the search option.
  • You can see GAIL buyback result in search option tap on the GAIL buyback.
  • You will reach the GAIL buyback screen, here enter the number of shares and click sell.
  • You can see your order is successfully placed.

How to apply for GAIL buyback on upstox?

You can apply for the buyback, follow the few steps below:

  • Login to the Upstox app using your 6-digit PIN or biometrics.
  • Click on the Account Section on your right bottom corner (Applicable New upstox app).
  • Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
  • Select the GAIL stock for buyback.
  • Enter the quantity and click on apply. 
  • If you have submitted your POA, then the buyback will be confirmed.
Read also:- Rights issue 2022

GAIL Buyback 2022 FAQs:

When is GAIL Buyback Announcement Date?
GAIL buyback 2022 announcement date is 31 March 2022.

When is GAIL Buyback Open Date?
GAIL buyback Open date is 25 May 2022.

When is GAIL Buyback Close Date?
GAIL buyback Close date is 07 June 2022.

When is GAIL Buyback Record Date?
GAIL buyback 2022 Record date is 22 April 2022 as the offer is Tender Offer.

What is GAIL Buyback Price?
GAIL company has fixed the price at ₹190 per share.

What is GAIL Buyback Offer Size?
GAIL company Buyback Offer Size is ₹1082.72 Cr.

How to apply for GAIL Buyback 2022?
As per the record date you need to have GAIL shares in your Demat account. You can participate in buyback after having the stock in your account.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

GAIL Buyback 2022 Record Date, Buyback Price & Details
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