Gail India Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between Gail India Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer proposed to list at BSE, NSE.

Gail (India) Limited

Gulf Oil Lubricants India Ltd

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹150 per share

₹600 per share

Issue Size

6,97,56,641 shares

14,16,667 shares

Issue Size (Amount)

₹1,046.35 Crores

₹85.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	71 Equity Shares out of every 733 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 297 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	27 Equity Shares for every 374 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 355 Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback is aimed to :
i) Optimize the capital structure of the company.
ii) Improve Return on Equity
iii) Increase in shareholder's value in the long-term.

To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

Buyback Timetable

Gail India Buyback and Gulf Oil Lubricants Buyback Feb 22 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gail India Buyback Buyback record date is Jan 28, 2021. Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

	Gail (India) Limited	Gulf Oil Lubricants India Ltd
Record Date	Jan 28, 2021	Feb 21, 2022
Offer Open Date	Feb 25, 2021	Mar 25, 2022
Offer Closure Date	Mar 10, 2021	Apr 07, 2022
Last date for receipt of tender forms	Mar 12, 2021	Apr 07, 2022
Finalisation of buyback	Mar 18, 2021	Apr 19, 2022
Last Date for settlment of bids	Mar 19, 2021	Apr 20, 2022
Last Date for extinguishment of shares	Mar 26, 2021	Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Gail India Buyback and Gulf Oil Lubricants Buyback Feb 22 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Gail (India) Limited

Gulf Oil Lubricants India Ltd

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	73,293.19	76,671.57	54,812.49
Profit After Tax	6,620.63	6,025.67	4,618.41
Net Worth	41,853.99	39,202.06	35,241.50

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	17,042.64	16,790.46	17,353.35
Profit After Tax	2,000.85	2,025.21	1,777.82
Net Worth	8,693.76	7,613.07	5,867.43
Reserves and Surplus	8,593.14	7,512.86	5,767.83

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.75	103.30	121.18
Nov-2020	106.60	83.10	93.03
Oct-2020	89.50	81.25	85.38

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	502.90	445.00	462.26
Dec-2021	528.40	427.95	469.32
Nov-2021	614.60	499.00	582.56

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.80	103.10	121.20
Nov-2020	106.70	83.05	93.05
Oct-2020	89.80	81.20	85.40

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	503.00	445.50	462.28
Dec-2021	531.85	425.00	469.17
Nov-2021	617.55	499.75	583.12

Compare with others

Gail (India) Limited	Gulf Oil Lubricants India Ltd
Suprajit Engineering Buyback	UPL Limited Buyback 2022
Bharat Rasayan Buyback	GAIL (India) Buyback
Jagran Prakashan Buyback	Filatex India Buyback
Nava Bharat Ventures Buyback	Atul Limited Buyback
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Neelamalai Agro Buyback	K.P.R Mill Buyback
VRL Logistics Buyback	Mayur Uniquoters Buyback
Anup Engineering Buyback	Emami Ltd Buyback
Atul Buyback	TCS Buyback

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