Mahanagar Gas Limited (MGL) is one of India’s leading natural gas distribution companies. Established in , MGL is a joint venture between GAIL (India) Ltd.
IPO Top Gainers
and the BG Group (U.K.).
Mahangar Gas’ (MGL) initial public offering (IPO) will be announced next week. Both GAIL and British Gas Asia (BG) hold percent each in Mahanagar Gas.
It is going to be an offer for sale, where both the companies will sell percent each and raise close to Rs crore.
Company DRHP is as follow:
Mahanagar Gas IPO DRHP
Book Building Lead Manager:
Kotak and Citigroup.
REGISTRAR TO THE OFFER:
Link Intime India Private Limited
- Issue Open: Jun 21, – Jun 23,
- Issue Type: % Book Built Issue IPO
- Issue Size: 24,, Equity Shares Of Face Value Of Rs 10 Each
- Issue Size: 1, Cr
- Face Value: Rs.
Mahanagar Gas Detail Analysis ( डिटेल एनालिसिस )
10 Per Equity Share
- Issue Price: Rs. – Rs. Per Equity Share
- Market Lot: 35 Shares
- Minimum Order Quantity: 35 Shares
- Listing At: BSE , NSE
Right now BSE SME IPO Shanti Educational Initiatives IPO is going on.
Soon Mahanagar Gas IPO is expected to be announced.
There are some good stocks in Pipeline this year including BSE itself coming with its own IPO and getting it listed and traded on exchange other some important IPO’s to looked upon are ICICI Prudential Life Insurance IPO, HDFC Standard Life IPO etc. So Keep watching this blog to keep yourself updated with all the news.
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