Mahanagar Gas IPO Details

IPO Open Jun 21, 2016
IPO Close Jun 23, 2016
IPO Price ₹421
Face Value ₹10
IPO Size ₹1,039.64 Cr
Listing At BSE, NSE
Lot Size 35
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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 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

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

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).

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