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Nayara Energy Ltd (Formerly Essar Oil Ltd)

Pre-IPO 
Petroleum Company

About Company:

​

Nayara Energy Limited is a privately-held downstream oil company based in Mumbai, India, that encompasses refining, marketing, production and a network of over 6,000+ retail fuel outlets in India. It operates India's second largest oil refinery in Vadinar, Gujarat.

Company Overview

Nayara Energy (formerly known as Essar Oil) is an integrated downstream oil company of international scale encompassing the entire hydrocarbon value chain from refining to production and marketing, across segments, including retail. 


In 2016 Essar Oil was acquired by Rosneft, the world’s largest public oil and gas company by liquid hydrocarbon production and reserves and an investment consortium led by global commodity trading firm Trafigura & UCP Investment Group. Essar Oil has since been renamed as Nayara Energy.


Essar Oil was part of the Essar Group based out in Mumbai before it was acquired by Rosneft a Russian Company. Essar Oil has Private Petrol Pumps, operates the second-largest refinery in Gujarat, India, and 1000-MW power plant along with the Vadinar port and oil terminal.


Milestone after the Acquisition:

i. The company after being acquired by New Management Raised INR 2,400cr (c. US$ 355mn) through its placement of nonconvertible debentures in 2018.
ii. Local credit rating1 upgraded by three notches to “AA”.
iii. Refinancing of INR Debt for optimization of capital structure.

Promoter-Management

Name Designation

Mr. B Anand Chief Executive Officer

Mr. C Manoharan Director & Head of Refinery

Mr. Anup Vikal Chief Financial Officer

Shareholders Pattern

Category of shareholder No. of shares Holding (in %)

Kesani Enterprises Company Limited 25,65,94,520 17.21

Rosneft Singapore Pte. Ltd 25,65,94,520 17.21

Shares held by Custodian for GDRs & ADRs 95,14,63,854 63.83

Other shareholders 2,59,08,261 1.75

Total outstanding shares 1,49,05,61,155 100

Annual Reports






Investing Opportunities

Frequently Asked Questions

  • What is the lock-in period of unlisted shares?
    If the company is unlisted, the shares can be traded as many times as per the will but once the company is listed, the shares can not sold for next 1 year.
  • Does SEBI regulate Unlisted Market?
    Rules and Regulations of SEBI are applicable in the Unlisted Market but to become an unlisted share broker, there is no such regulation yet.
  • Is buying or selling Unlisted Shares in India legal?
    Yes it is legal to buy and sell unlisted shares in India.
  • What is the Minimum Ticket Size for Investment in Unlisted Shares?
    Depending on the lot size of the shares, there is no fixed ticket size to buy and sell unlisted shares.
  • What is the Minimum Ticket Size for Investment in Unlisted Shares?
    Depending on the lot size of the shares, there is no fixed ticket size to buy and sell unlisted shares.
  • Is buying or selling Unlisted Shares in India legal?
    Yes it is legal to buy and sell unlisted shares in India.
  • Does SEBI regulate Unlisted Market?
    Rules and Regulations of SEBI are applicable in the Unlisted Market but to become an unlisted share broker, there is no such regulation yet.
  • What is the lock-in period of unlisted shares?
    If the company is unlisted, the shares can be traded as many times as per the will but once the company is listed, the shares can not sold for next 1 year.
  • What is the Minimum Ticket Size for Investment in Unlisted Shares?
    Depending on the lot size of the shares, there is no fixed ticket size to buy and sell unlisted shares.
  • Does SEBI regulate Unlisted Market?
    Rules and Regulations of SEBI are applicable in the Unlisted Market but to become an unlisted share broker, there is no such regulation yet.
  • What is the lock-in period of unlisted shares?
    If the company is unlisted, the shares can be traded as many times as per the will but once the company is listed, the shares can not sold for next 1 year.
  • Is buying or selling Unlisted Shares in India legal?
    Yes it is legal to buy and sell unlisted shares in India.
  • What is the lock-in period of unlisted shares?
    If the company is unlisted, the shares can be traded as many times as per the will but once the company is listed, the shares can not sold for next 1 year.
  • What is the Minimum Ticket Size for Investment in Unlisted Shares?
    Depending on the lot size of the shares, there is no fixed ticket size to buy and sell unlisted shares.
  • Is buying or selling Unlisted Shares in India legal?
    Yes it is legal to buy and sell unlisted shares in India.
  • Does SEBI regulate Unlisted Market?
    Rules and Regulations of SEBI are applicable in the Unlisted Market but to become an unlisted share broker, there is no such regulation yet.
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