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Mahanagar Gas Ltd.

Mahanagar Gas Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹421
₹421
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹421
Based on GMP
Min. Investment
₹14,735
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Jun 2016
Close Date
23 Jun 2016
Allotment
29 Jun 2016
Listing Date
01 Jul 2016
Exchange
NSE & BSE
Price Band
₹421
Listing Price
See chart
Allotment Status
Price Band
₹421
Per share
Face Value
₹10 per share
 
Lot Size
35 Shares
per lot
Issue Size
2,46,94,500 shares (aggregating up to ₹1,038.88 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,735
1 lot
Pre-IPO Holding
9,87,77,778 shares
Promoters
Post-IPO Holding
9,87,77,778 shares
Promoters
UPI Deadline
2016-06-23
Mandate
Anchor AllotmentMon, 20 Jun 2016
Basis of AllotmentWed, 29 Jun 2016
Refund InitiationThu, 30 Jun 2016
Demat CreditThu, 30 Jun 2016
Listing DayFri, 01 Jul 2016
UPI Mandate Deadline2016-06-23
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Mahanagar Gas Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Jun 2016.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
24,694,500
100% ₹1,039.64
IPO Shares Offered
Mahanagar Gas Ltd. IPO total issue size: ₹1,039.64 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 24,694,500 ₹1,039.64
100.00%
* Based on upper price band ₹421 per share
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹421.00
Upper Band
Min Investment
₹14,735
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,470
Retail (Max — 13 Lots)13455₹191,555
S-HNI (Min — 14 Lots)14490₹206,290
B-HNI (Min — 68 Lots)682,380₹1,001,980
* Issue Price ₹421 × Lot Size 35 shares
IPO Schedule
Anchor
20 Jun 2016
✓ Done
IPO Open
21 Jun 2016
✓ Done
IPO Close
23 Jun 2016
✓ Done
Allotment
29 Jun 2016
✓ Done
Refunds
30 Jun 2016
✓ Done
Demat Credit
30 Jun 2016
✓ Done
Listing Day
01 Jul 2016
✓ Done
Mahanagar Gas Ltd. — Live Price LIVE
₹421.00
INR · BSE
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Issue ₹421.00 Live Price
About Mahanagar Gas Ltd.
Incorporated in 1995, Mahanagar Gas Limited is a city gas distribution company. Information in this paragraph is copied from chittorgarh.com. 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.Company supply CNG though its network of 180 CNG filling stations which includes stations owned and operated by the company, oil marketing companies and private parties. Content in this paragraph is copied from chittorgarh.com. CNG and PNG businesses accounted for 65.10% and 34.90%, respectively, of total gas sales revenue.Company distribute natural gas through an extensive CGD network of pipelines, for which Mahanagar Gas have the exclusive authorization to lay, build, expand and operate the city gas distribution network. Company have a supply network of over 4,464 kms of pipelines.Competitive Strengths:1. Well positioned in Mumbai, one of the most populous cities in the world and second largest metropolitan city in India2. Cost effective availability of domestic natural gas3. Infrastructure exclusivity and established infrastructure network4. Experience in successful development and operation of city gas distribution business.5. Promoters with strong national and multinational experience6. Strong financial performance with consistent growth and profitability
Mahanagar Gas Ltd. Financials (Amount In Crore)
Revenue from Operations
₹1,919.7
31-Mar-14
₹2,135.6
31-Mar-15
₹2,121.6
31-Mar-16
Profit After Tax (PAT)
₹297.3
31-Mar-14
₹301.0
31-Mar-15
₹308.7
31-Mar-16
Particulars31-Mar-1631-Mar-1531-Mar-14
Revenue from Operations 2121.63 2135.64 1919.65
EBITDA N/A N/A N/A
Profit After Tax (PAT) 308.69 301.00 297.25
Net Worth N/A N/A N/A
Total Assets 2356.30 2165.59 1974.30
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoNW
20.2
Issue Structure & Shareholding
Total Shares Offered2,46,94,500 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,87,77,778 shares
Post-Issue Promoter Holding9,87,77,778 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Citigroup Global Markets India Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Mahanagar Gas Ltd. IPO subscribed? ▲

Mahanagar Gas Ltd. IPO is subscribed 1.00 times by Jun 23, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Mahanagar Gas Ltd. IPO retail subscription status? ▼

The Mahanagar Gas Ltd. IPO retail category is subscribed 1.00 times as of 23 Jun 2016. The retail portion is oversubscribed.

How to subscribe Mahanagar Gas Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Jun 2016 and closes 23 Jun 2016. Min investment: ₹14,735 (1 lot = 35 shares). UPI mandate: 2016-06-23.

How many times Mahanagar Gas Ltd. IPO subscribed? ▼

The Mahanagar Gas Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mahanagar Gas Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Jun 2016. Refunds: on 30 Jun 2016.

When Mahanagar Gas Ltd. IPO will be listed? ▼

The Mahanagar Gas Ltd. IPO listing date is 01 Jul 2016, Friday. Listed on: NSE & BSE. Issue price: ₹421. Estimated listing: ₹421. GMP: NIL.

When Mahanagar Gas Ltd. IPO close? ▼

The Mahanagar Gas Ltd. IPO closes on 23 Jun 2016, Thursday. UPI mandate: 2016-06-23. Allotment: 29 Jun 2016. Listing: 01 Jul 2016.