Gulf Oil Lubricants India Ltd (GOLIL), part of the Hinduja Group, is an established player in the Indian Lubricants Industry. Gulf Oil International (GOI), parent of GOLIL, owns the Gulf brand globally (except USA, Spain & Portugal). Previously a part of Gulf Oil Corporation Limited, today, GOLIL, as part of the parent company GOI, enjoys a presence in over a 100 countries.
With operations primarily in the Automotive and Industrial segments, and a leading presence in the open market through a stellar distributor network, we supply directly to OEMs and other B2B customers (Industries, Infrastructure, Mining & Fleet Customers, State Transport and Government Undertakings).
Gulf Oil Lubricants Buyback 2022 Offer Details
| Buyback Open Date | 25-March-2022 |
| Buyback Close Date | 07-April-2022 |
| offer Price | 600 Rs |
| Issue Size | 85 Crore |
| Size in Shares | 14,16,667 |
| Symbol | GULFOILLUB |
| Face value | 2 |
| Listing At | NSE,BSE |
| Retail | 15% (2,12,500 Shares) |
| Public Announcement | Update Soon |
Gulf Oil Lubricants Buyback 2022 Time Table
| Record Date | 21-February-2022 |
| Meeting Date | 9-February-2022 |
| Finalization of Buyback Acceptance | 19-April-2022 |
| Last Date for settlement of bids | 20-April-2022 |
Gulf Oil Lubricants Buyback Ratio
Retail Entitlement Ratio : 27 Share against 374 Shares (7.22%)
Expected Retail Acceptance Ratio : 20 – 25%
Gulf Oil Lubricants Buyback Registrar
Kfin Technologies Private Limited
Selenium Tower B, Plot 31 & 32
Gachibowli Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com.com
Gulf Oil Lubricants Buyback Lead Managers
Motilal Oswal Investment Advisors Pvt Ltd
Gulf Oil Lubricants Buyback Lead Managers
Gulf Oil Lubricants India Ltd
IN Centre, 49/50, 12th Road,
M.I.D.C Andheri (East) Mumbai, 400093
Phone: (+91) 22 6648 7777
Email: [email protected]
Website: http://www.gulfoilindia.com/
Very Good timely information about Buy back of stock shares
Thank you sir.