Gail India Buyback vs UPL Limited Buyback 2022

Comparison between Gail India Buyback and UPL Limited Buyback 2022.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while UPL Limited Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 Gail (India) Ltd.UPL Ltd.
LogoGail India Buyback LogoUPL Limited Buyback 2022 Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹2 per share
Buyback Price₹150 per share₹875 per share
Issue Size6,97,56,641 shares
Issue Size (Amount)₹1,046.35 Crores₹1,100.00 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.
RegistrarMCS Share Transfer Agent Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersIDBI Capital Markets & Securities Ltd.JM Financial Ltd.
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.

The objective of the Buyback is to:

1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.

Buyback Timetable

Gail India Buyback and UPL Limited Buyback 2022 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. UPL Limited Buyback 2022 Buyback record date is .

 Gail (India) Ltd.UPL Ltd.
Record DateJan 28, 2021
Offer Open DateFeb 25, 2021Apr 07, 2022
Offer Closure DateMar 10, 2021May 20, 2022
Last date for receipt of tender formsMar 12, 2021
Finalisation of buybackMar 18, 2021
Last Date for settlment of bidsMar 19, 2021
Last Date for extinguishment of sharesMar 26, 2021

Financial Details and Other Relevent Information

Comparison of Gail India Buyback and UPL Limited Buyback 2022 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) Ltd.UPL 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 Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 11,458 10,147 9,220
Profit After Tax 220 461 405
Net Worth 7,786 8,024 7,972
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
Oct-2021 761.75 686.15 727.60
Nov-2021 794.35 679.00 737.16
Dec-2021 767.00 681.85 734.65
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
Oct-2021 762.00 686.25 727.39
Nov-2021 794.00 678.55 736.82
Dec-2021 767.70 681.55 734.69

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Gail India Buyback and UPL Limited Buyback 2022