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June 21, 2016 - June 23, 2016

Mahanagar Gas IPO FAQ

Mahanagar Gas IPO Date & Price

The Mahanagar Gas IPO opens on June 21, 2016 and closes on June 23, 2016.

Sorry the Mahanagar Gas IPO timelines are not available at this time.

Mahanagar Gas IPO Draft Red Herring Prospectus (DRHP) PDF

Sorry, Mahanagar Gas IPO Red Herring Prospectus is not available at this time.

Mahanagar Gas IPO price is set at ₹421 per equity share.

Mahanagar Gas IPO will close for subscription at 5 PM on June 23, 2016. But most brokers stop accepting application between 1 PM to 3 PM.

The Mahanagar Gas IPO starts on June 21, 2016. The issue ends on June 23, 2016.

Mahanagar Gas IPO Issue Size and Subscription Status

The Mahanagar Gas IPO size is 24694500 Equity Shares of ₹10 aggregating up to ₹1,039.64 Cr.

Mahanagar Gas Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Mahanagar Gas IPO shares through the banks (using ASBA) or through the broker (using UPI).

Mahanagar Gas IPO Offer Size

Qualified Institutional Buyers (QIB)4,898,900 Shares
Non-Institutional Investors (NII)3,674,175 Shares
Retail Individual Investor (RII)8,573,075 Shares
Employee Reservations200,000 Shares
Other Reservations0 Shares
Total Issue Size17,346,150 Shares

Mahanagar Gas IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)72.84 times times
Non-Institutional Investors (NII)191.61 times times
Retail Individual Investor (RII)6.82 times times
Employee Reservations1.18 times times
Other Reservations times
Total Issue Size64.54 times times

Click here to check the Mahanagar Gas IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Mahanagar Gas IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Mahanagar Gas IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Mahanagar Gas IPO Allotment and Listing

The tentative date for Mahanagar Gas IPO allotment status is not available at this time. You can check the Mahanagar Gas IPO Allotment Status as soon as it is available.

Click here to check Mahanagar Gas IPO Allotment Status.

Mahanagar Gas IPO listing Date is July 1, 2016. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Mahanagar Gas IPO listing date and time is published by the exchange in a circular.

Click here to view the Mahanagar Gas IPO Basis of Allotment.

It is hard to say at what price Mahanagar Gas IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Mahanagar Gas IPO shares will list on July 1, 2016 at BSE, NSE.

Mahanagar Gas IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Mahanagar Gas IPO which could help you with questions like Mahanagar Gas IPO buy or not? You should also read Mahanagar Gas IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Mahanagar Gas IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Mahanagar Gas IPO performance. The performance reports are available 1 day after listing.