Gail India Buyback vs Nava Bharat Ventures Buyback

Comparision between Gail India Buyback and Nava Bharat Ventures Buyback.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Gail (India) Limited

Nava Bharat Ventures Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹150 per share

₹100 per share

Issue Size

6,97,56,641 shares

Issue Size (Amount)

₹1,046.35 Crores

₹150.00 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.

Registrar

Mcs Share Transfer Agent Limited

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services Limited

Akasam Consulting Private 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 Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

Buyback Timetable

Gail India Buyback and Nava Bharat Ventures 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. Nava Bharat Ventures Buyback Buyback record date is .

	Gail (India) Limited	Nava Bharat Ventures Limited
Record Date	Jan 28, 2021
Offer Open Date	Feb 25, 2021	Mar 10, 2021
Offer Closure Date	Mar 10, 2021	Sep 09, 2021
Last date for receipt of tender forms	Mar 12, 2021
Finalisation of buyback	Mar 18, 2021
Last Date for settlment of bids	Mar 19, 2021
Last Date for extinguishment of shares	Mar 26, 2021

Financial Details and Other Relevent Information

Comparison of Gail India Buyback and Nava Bharat Ventures 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

Nava Bharat Ventures 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 (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	11,322.08	14,377.77	13,551.17
Profit After Tax	1,310.11	1,661.89	1,615.58
Net Worth	29,677.11	29,255.77	27,869.75

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
Feb-2021	76.25	57.25	66.22
Jan-2021	64.71	57.10	61.99
Dec-2021	68.85	50.20	60.70

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
Feb-2021	76.20	57.15	65.86
Jan-2021	64.75	57.20	62.03
Dec-2021	68.45	50.20	60.87

Compare with others

Gail (India) Limited	Nava Bharat Ventures Limited
Suprajit Engineering Buyback	Savita Oil Buyback
Bharat Rasayan Buyback	NIIT Buyback
Jagran Prakashan Buyback	Suprajit Engineering Buyback
Nava Bharat Ventures Buyback	Bharat Rasayan Buyback
Indian Toners & Developers Buyback	Jagran Prakashan Buyback
NALCO Buyback	Indian Toners & Developers Buyback
Neelamalai Agro Buyback	Gail India Buyback
VRL Logistics Buyback	NALCO Buyback
Anup Engineering Buyback	Neelamalai Agro Buyback
Atul Buyback	VRL Logistics Buyback

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