IOC Limited Buy-Back Details

lndianOil's core business has been refining, transportation and marketing of petroleum products. In line with India's growing energy demand, the Company has over the years expanded its operations across the hydrocarbon value chain - upstream into oil & gas exploration & production and downstream into petrochemicals, besides diversifying into natural gas and alternative energy resources . lndianOil continues to expand its business operations abroad through its overseas establishments in Sri Lanka, Mauritius, the UAE, Singapore and USA. During the year 2017-18, the Company has set up offices in Myanmar and Bangladesh.

lndianOil has also been pursuing diverse business interests through joint ventures with reputed business partners from India and abroad. During the year, a new joint venture company, viz., Ratnagiri Refinery and Petrochemicals Ltd. (RRPCL), was incorporated with BPCL and HPCL as partners for setting up a mega 60-million metric tonnes per annum (MMTPA) refinery & petrochemicals complex in Ratnagiri district of Maharashtra.
IOC Limited Buy-Back Details
Date of Board Meeting for Buyback Proposal 13-12-2018
Date of Buyback Approval 13-12-2018
Date Public Announcement of Buyback 13-12-2018
Buyback Type Tender Offer
Buyback Record Date 25-12-2018
Buyback Opening Date 22-01-2019
Buyback Closing Date 04-02-2019
Buyback Amount ₹ 4435 Cr
Buyback Number of Share 29,76,51,006
Buyback Price ₹ 149 Per Share
Face Value ₹ 10
Holding Time 3 Months
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Profit acceptance Ratio
Buy 1342 Shares at CMP ₹ 137 [2,00,000/149 = 1342]
Acceptance Ratio 33% 50% 75% 100%
Buy Price ₹ 137 ₹ 137 ₹ 137 ₹ 137
Amount Invested in Buyback ₹ 1,83,854 ₹ 1,83,854 ₹ 1,83,854 ₹ 1,83,854
No. of Shares Buy 1342 1342 1342 1342
Earning Per Share ₹ 12 ₹ 12 ₹ 12 ₹ 12
No. of Shares Buy-Back 443 671 1007 1342
BuyBack Profit ₹ 5314 ₹ 8052 ₹ 12078 ₹ 16104
Profit(%) - % - % - % - %
IOC Limited Contact Details
Registrar of IOC Limited
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