HPCL Buyback 2020 Review – Record Date, Price, and Details

HPCL Buyback 2020

Hindustan Petroleum Corporation Ltd is engaged in the business of refining crude oil and marketing petroleum products. HPCL’s standalone net profit was reported to be more than doubled during the September quarter at Rs. 2,477 crore as against Rs.1,052 crore a year ago.

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The board also decided to give another good news of HPCL Buyback 2020 at a price of Rs. 250 per share, where the price of HPCL on 4th November closing was Rs. 186.75, that’s almost at the premium of 33%.

HPCL plans to purchase 10 Crores shares via Buyback at Rs. 250 per equity share for an aggregate amount not exceeding Rs. 2500 crores.

HPCL Buyback 2020 Details & Review

Buyback TypeTender offer
Buyback Offer Amount:Rs. 2500 Crores
Date of Board Meeting Approval4th November 2020
Date of Public Announcement4th November 2020
Buyback Offer Size6.56 %
Buyback Number of Shares10,00,00,000 Shares
Price TypeTender Offer
Face Value10
Buyback PriceRs. 250 Per Equity Share

HPCL Buyback 2020 Dates

HPCL Buyback Record Date21st November 2020
Opening Date
Closing Date
Obligation (Fund Payout)
Settlement Date (Shares Payout)
Offer PriceRs. 250/- per share

HPCL Buyback 2020 Acceptance Ratio

Buy 400 Shares at CMP of Rs. 187 ( 1,00,000/250 = 400)

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Acceptance RatioTotal Shares AcceptedBuyback PriceInvestment Amt
@ Rs 187 / Share
ProfitProfit%
20%802507480050406.73%
40%160250748001008013.47%
60%240250748001512020.21%
80%320250748002016026.95%
100%400250748002520033.68%

Profit and all other calculations is done on the basis of price on 4nd November, 2020 i.e. Rs. 187

HPCL Financial Report

NarrationMar-14Mar-15Mar-16Mar-17Mar-18Mar-19Mar-20
Sales     2,34,237.40     2,16,648.08 1,77,910.22 1,87,492.892,19,509.87 2,75,490.642,69,091.53
Expenses 2,28,911.38 2,11,944.441,69,575.431,76,613.23 2,08,732.102,63,963.352,63,907.17
Operating Profit5,326.024,703.64  8,334.79 10,879.6610,777.7711,527.295,184.36
Other Income1,402.641,864.881,969.583,703.37 2,784.65 2,382.85698.65
Depreciation3,010.692,496.682,846.092,776.37  2,834.403,085.303,369.87
Interest 2,392.941,841.15 723.18609.24617.88785.641,138.85
Profit before tax1,325.032,230.69 6,735.10 11,197.4210,110.14 10,039.201,374.29
Tax245.41 741.822,060.412,961.602,891.86 3,348.57-1,264.44
Net profit1,080.371,498.58 4,674.698,235.827,218.286,690.632,638.73
EPS7.09 9.8430.68 54.05   47.37      43.91      17.32
Price to earning9.71 14.68      5.716.48       7.286.46  10.98
Price68.84  144.40 175.06350.43344.85    283.85 190.10

HPCL Buyback FAQs

What is HPCL Buyback Price?

The company has fixed the HPCL Buyback price at Rs. 250.

What is the HPCL Buyback 2020 Record Date?

The company has announced 21st November 2020 as the Record Date

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