Mahanagar Gas, Ltd. operates as a natural gas distribution company in India. The company’s products include domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas. It distributes gas to households; small commercial and industrial establishments; vehicles, including rickshaws, taxis/cars, buses, and LCVs/tempos/trucks/private buses. The company’s products are used in hotels, including restaurants and food caterers; industries, such as metal, pharmaceutical, printing and dyeing, oil mills, food and beverages, and FMCG products manufacturers; hospitals, including clinics; charitable trusts, such as temples, churches, gurudwaras, government hospitals, cremat...
G- 33 Block
Bandra Kurla Complex
Mumbai, 400 051
Founded in 1995
Mahanagar Gas Seeks Financing
Jan 19 15
Mahanagar Gas, Ltd. is looking to raise approximately INR 8 billion in a stock market listing in the first quarter of 2015. The company is expected to file for the IPO with market regulator Securities and Exchange Board of India over the next month.
BG And Gail Reportedly To Sell Stake In Mahanagar Gas In An IPO
Jul 14 14
British Gas India Pvt. Ltd. and GAIL (India) Limited (BSE:532155) are planning to sell 49.75% stake each in Mahanagar Gas, Ltd. in a initial public offering, according to The Economic Times. The IPO will be worth around INR 10 billion.
Mahanagar Reportedly Plans IPO In 2014
Nov 20 13
Mahanagar Gas, Ltd. is planning for initial public offer (IPO) worth around INR 10 billion, sources with direct knowledge said. Mahanagar expects a valuation of over INR 60 billion and is in talks with banks for giving a mandate for the public offer.