Nayara Energy is a leading downstream oil company in India, formerly known as Essar Oil. The company operates one of the largest and most complex refineries in the country, located in Vadinar, Gujarat.
| Company Name | Nayara Energy Limited |
|---|---|
| Promoter | Dr. Alois Virag |
| Est. Year | 1989 |
| Industry | Oil and Gas |
| ISIN No | INE011A01019 |
| Face Value | ₹10 |
| Website Link | Visit Website ↗ |
Nayara Energy has shown strong financial growth, with increasing refining capacity and expansion into fuel retailing. Backed by global investors like Rosneft and Trafigura, the company is focused on enhancing operational efficiencies and expanding its fuel station network.
With India's growing energy demands and Nayara's strategic refinery assets, its Pre-IPO shares offer a strong investment potential in the energy sector.
Expanding fuel retail business, increasing refining margins, and global strategic partnerships.
Nayara Energy is investing in renewable energy projects and diversifying its fuel retail offerings to align with global sustainability goals.
| Name | |
|---|---|
| Dr. Alois Virag | 🔗 Profile |
| Dr. Igor Sechin | - |
| Anthony Barone | - |
| Stanislav Golovanov | - |
Nayara Energy plans to expand its retail network by adding 400 petrol pumps in 2025, equating to one new fuel station every day. With over 6,500 outlets already operational, the company aims to strengthen its presence across states like Gujarat, Maharashtra, Tamil Nadu, and Rajasthan.
Nayara Energy has initiated a ₹1,893 crore share buyback, offering ₹731 per share to repurchase over 2.59 crore shares from minority shareholders. This move provides an exit opportunity for investors following the company's delisting from Indian stock exchanges in 2016.
Russian oil major Rosneft is exploring the sale of its 49.13% stake in Nayara Energy due to challenges in repatriating earnings amid international sanctions. Discussions have been held with Indian conglomerates, including Reliance Industries and the Adani Group, though no deal has been finalized.
