Gail India Buyback vs NALCO Buyback

Comparision between Gail India Buyback and NALCO Buyback.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while NALCO Buyback is a Tender Offer proposed to list at BSE, NSE.

Gail (India) Limited

National Aluminium Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹150 per share

₹57.5 per share

Issue Size

6,97,56,641 shares

13,02,79,083 shares

Issue Size (Amount)

₹1,046.35 Crores

₹749.10 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	23 Equity Shares out of every 195 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	37 Equity Shares out of every 568 Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services 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.

The Buy-back is being undertaken by the Company to:
i) Optimize the capital structure; and
ii) Improve return on equity, by reduction in the equity base.

Buyback Timetable

Gail India Buyback and NALCO Buyback 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. NALCO Buyback Buyback record date is Feb 08, 2021.

	Gail (India) Limited	National Aluminium Company Limited
Record Date	Jan 28, 2021	Feb 08, 2021
Offer Open Date	Feb 25, 2021	Feb 25, 2021
Offer Closure Date	Mar 10, 2021	Mar 10, 2021
Last date for receipt of tender forms	Mar 12, 2021	Mar 12, 2021
Finalisation of buyback	Mar 18, 2021	Mar 16, 2021
Last Date for settlment of bids	Mar 19, 2021	Mar 17, 2021
Last Date for extinguishment of shares	Mar 26, 2021	Mar 19, 2021

Financial Details and Other Relevent Information

Comparison of Gail India Buyback and NALCO Buyback 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

National Aluminium Company Limited

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 (Consolidated)
Particulars	For the year/period ended (Rs in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	8,742.42	11,826.48	9,917.74
Profit After Tax	136.23	1,733.69	1,342.19
Net Worth	9,986.50	10,484.94	10,503.95

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
Dec-2020	45.00	37.40	42.04
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.15	30.80

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
Dec-2020	45.00	37.35	42.06
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.10	30.78

Compare with others

Gail (India) Limited	National Aluminium Company Limited
Suprajit Engineering Buyback	Bharat Rasayan Buyback
Bharat Rasayan Buyback	Jagran Prakashan Buyback
Jagran Prakashan Buyback	Nava Bharat Ventures Buyback
Nava Bharat Ventures Buyback	Indian Toners & Developers Buyback
Indian Toners & Developers Buyback	Gail India Buyback
NALCO Buyback	Neelamalai Agro Buyback
Neelamalai Agro Buyback	VRL Logistics Buyback
VRL Logistics Buyback	Anup Engineering Buyback
Anup Engineering Buyback	Atul Buyback
Atul Buyback	Freshtrop Fruits Buyback

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