Mahanagar Gas Pre-IPO Review -Ā Needs to Come in at a Discount to IGL
Mahanagar Gas Limited (MGL), a city gas distributor for Mumbai and its neighbouring region, plans to raise US$150-200m through its IPO. The IPO...
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GAIL (GAIL IN)
GAIL (GAIL IN)
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Analysis
Utilities ā¢ India
GAIL is an Indian state-owned energy corporation primarily involved in the trade, transmission, production, and distribution of natural gas, as well as LPG and other liquid hydrocarbons. The company also has diversified interests in petrochemicals, city gas distribution, renewable energy, and exploration and production activities. GAIL is headquartered in New Delhi, India, and was founded in August 1984.
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