ENTITY

Mahanagar Gas (MAHGL IN)

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Analysis
Utilities • India
Mahanagar Gas Limited (MGL) is an Indian city gas distribution (CGD) company that provides clean energy solutions. It is the sole authorized distributor of Compressed Natural Gas (CNG) for vehicles and Piped Natural Gas (PNG) for domestic, commercial, and industrial use in Mumbai, its adjoining areas, and the Raigad district in Maharashtra, India. The company was founded on May 8, 1995, and is headquartered in Mumbai, Maharashtra, India.
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bullish•Mahanagar Gas
•17 Jun 2016 12:38

Mahanagar Gas IPO - Provides Enough Discount but Might Not Be a High-Flyer

Mahanagar Gas's (MGL) two main shareholders,Ā Gail India LtdĀ and British Gas,Ā plan to raise US$150m through this IPO by selling 12.5% stake each. We...

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bullish•Mahanagar Gas
•03 Jun 2016 11:09

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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