Sunday, June 5, 2016

Mahanagar Gas Sets Tentative IPO Price & Date

Mahanagar Gas Limited, a Mumbai based city gas distribution company is tentatively set IPO price to Rs 455 - Rs 485 for its upcoming IPO in the last week of June.

Company planning to raise Rs 1198 Cr to carry out the Offer for Sale. Company will not receive any proceeds from the Offer and all proceeds from the Offer shall go to the Selling Shareholders.

Mahanagar Gas IPO Detail [Tentative]

  • Issue Date: 20 - 22 June
  • Price Band: Rs 455 to Rs 485
  • Lot Size: 30
  • Issue Size: Rs 1198 Cr
  • Retail Discount: Rs 0
Visit Mahanagar Gas IPO Detail page for latest updates.