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GAIL (India) raises Rs 1575 crore through NCDs

21 Dec 2022 Evaluate

GAIL (India) has raised Rs 1575 crore through issuance of 15,750, 7.34% Senior, Unsecured, Listed, Rated, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (Series-I) (NCDs) of face value of Rs 10,00,000 each on private placement basis on December 20, 2022.

The funds raised through this issue will be utilized for, inter alia, refinancing of existing borrowings and/or funding of Capital Expenditure of the Company, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the Company.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

GAIL India Share Price

162.50 -4.00 (-2.40%)
11-May-2026 16:00 View Price Chart
Peers
Company Name CMP
GAIL India 162.50
Gujarat Gas 383.70
Indraprastha Gas 161.15
Mahanagar Gas 1110.80
Adani Total Gas 620.95
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