Mahanagar Gas IPO Details

Issue Open Jun 21, 2016
Issue Close Jun 23, 2016
IPO Price ₹421
Face Value ₹10
IPO Size ₹1,039.64 Cr
Listing At BSE, NSE
IPO Lot Size 35
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    GAIL's earnings were boosted by a one-time gain of RS 490 crore from the Mahanagar Gas IPO. Petrochemicals EBITDA at Rs 200 crore was the key profit driver. Gas transmission and trading businesses ...

  4. Mahanagar Gas Share Price

    Mon, 15 Feb 2021 15:59:00 GMT

    Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at their meeting held on February 26, 2020, have declared an Interim Dividend of Rs. 9.50/- per equity share having ...

  5. Mahanagar Gas Ltd - Stock Price

    Thu, 01 Apr 2021 09:01:00 GMT

    Mahanagar Gas Ltd. was incorporated in the year 1995. Its today's share price is 1182. Its current market capitalisation stands at Rs 11675.53 Cr. In the latest quarter, company has reported Gross ...

  6. Stock Market Today

    Mon, 15 Mar 2021 08:00:00 GMT

    The research firm has recommended to ''Subscribe'' the ipo in its research report as ... Sharekhan is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of ...

  7. Mahanagar Gas share price: Sharekhan maintains a Buy rating with a revised price target of Rs 1450

    Sun, 14 Mar 2021 19:55:00 GMT

    Mahanagar Gas has witnessed sharp recovery in high margin CNG volumes to more than 90% of pre-COVID-19 levels, while domestic PNG volumes is witnessing strong growth of 12-15%. Improving volume and ...

  8. Utilties stocks rise

    Mon, 05 Apr 2021 21:36:00 GMT

    On the other hand, Jaiprakash Power Ventures Ltd (down 2.75%), Mahanagar Gas Ltd (down 1.64%), and Indian Energy Exchange Ltd (down 0.4%) turned lower. At 09:49 IST, the S&P BSE Sensex was up 333 ...

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  12. Mahanagar Gas Ltd.

    Wed, 31 Mar 2021 17:00:00 GMT

    Annexure to the Independent Auditors Report of Mahanagar Gas Limited for the year ended 31st March, 2014 (Referred to in paragraph (1) under Report on Other Legal and Regulatory Requirements ...

Mahanagar Gas IPO Alerts

1. Mahanagar Gas Limited IPO - Close  Tuesday, June 14, 2016 8:49:27 AM

Mahanagar Gas Ltd IPO to open on Jun 21, 2016 and close for subscription on Jun 23, 2016. Company is coming with IPO of 24,694,500 Equity Shares of Rs 10 each. The equity shares of the company to be list at BSE and NSE.

2. Mahanagar Gas Limited IPO - Open  Tuesday, June 14, 2016 8:49:11 AM

Mahanagar Gas Ltd is entering in the capital markets with an initial public offering, IPO of 24,694,500 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 380 at lower level and Rs 421 at upper level.

Mahanagar Gas Limited is a city gas distribution company. Information in this paragraph is copied from chittorgarh.com. Mahanagar Gas supply natural gas in Mumbai and its surrounding areas. Company is sole authorized distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai. CNG is used in motor vehicles and PNG for domestic household use as well as for commercial and industrial use.

The issue opens on Jun 21, 2016 and closes for subscription on Jun 23, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Mahanagar Gas IPO News & Events FAQs

  1. 1. When Mahanagar Gas IPO expected date?

    The Mahanagar Gas IPO is proposed to open on Jun 21, 2016. The IPO application ends on Jun 23, 2016.

  2. 2. How to purchase Mahanagar Gas IPO?

    Retail investors can apply in the retail or non-institutional investor category from Jun 21, 2016 to Jun 23, 2016. The Mahanagar Gas IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

  3. 3. When Mahanagar Gas IPO will come?

    The Mahanagar Gas IPO will open for subscription on Jun 21, 2016. The public issue will close on Jun 23, 2016.


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