Shareholding for the Period Ended June 30, 2016
Mahanagar Gas Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here12-07-2016
12-07-2016
Mahanagar Gas gains 23% on listing day, closes at Rs 520
The stock hit a high of Rs 549 within minutes of listing, and edged lower in intraday trade01-07-2016
Mahanagar Gas shares rise 30% on debut
MGL shares opened at Rs540, and touched a high and low of Rs549.15 and Rs532.30, respectively01-07-2016
Listing of equity shares of Mahanagar Gas Ltd
Trading Members of the Exchange are hereby informed that effective from July 01, 2016, the equity shares of Mahanagar Gas Ltd (Scrip Code: 539957) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. For further details please refer to the notice no 20160630- dated May 30, 2016.01-07-2016
Mahanagar Gas IPO does not move the needle much for GAIL
At the higher end of the price band of `380-421 per share, GAIL will fetch around `520 crore via the offer for sale and its remaining 32.5% stake is valued at around `1,350 crore, hardly moving the needle23-06-2016
Mahanagar Gas raises Rs309.36 crore from anchor investors ahead of IPO
Mahanagar Gas sold 7.34 million shares to 25 institutional investors at `421 per share, the upper-end of the `380-421 IPO price band20-06-2016
Mahanagar Gas IPO offers decent bet in city gas distribution sector
Mahanagar Gas Ltd's comparatively better return on equity and higher dividend payout makes the discount in valuation look a bit unwarranted20-06-2016
Mahanagar Gas finalizes Rs1,040 crore IPO
Mahanagar Gas will offer shares at a price band of Rs380-421 during its initial share sale on 21-23 June15-06-2016
Mahanagar Gas planning to launch IPO in third week of June
Mahanagar Gas and its merchant bankers are looking at a timeline of 20-22 June for the IPO, with the anchor book placement on 17 June02-06-2016