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Mahanagar Gas IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1039.64 Cr. The company is based in Mumbai and caters to Oil And Gas sector. Citigroup Global Markets India , Kotak Mahindra Capital Company are the merchant bankers of Mahanagar Gas IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th November 2015.
Mahanagar Gas IPO open date is 21st June 2016 and close date is 23rd June 2016. IPO Allotment Date is 30th November -0001 and Listing date is 1st July 2016.
IPO
Size:
₹ 1039.64 Cr.
Avg IPO Size (Sector Based)
: ₹
1,462.67 cr.
Sector: Oil And Gas
IPO so far:
6
Merchant Banker:
Citigroup Global
IPO by BRLM so far:
72
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹
2121.63
cr. 
PE
Ratio:
13.40x
Average Sector PE Ratio: 25.33x
Mahanagar Gas IPO size is ₹ 1039.64 Cr. with IPO price of ₹ 421.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Citigroup Global Markets India Private Limited is the book-running lead manager of the Mahanagar Gas IPO. Link Intime India Private Limited is the Registrar for Mahanagar Gas IPO.
Mahanagar Gas IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Mahanagar Gas IPO, based in Mumbai, operates in the Oil And Gas sector with a focus on gas transmission. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Mahanagar Gas IPO size is ₹ 1039.64 Cr. with fresh issue size of ₹ 1,040 and Offer for sale being ₹ Nil
The IPO allotment date for Mahanagar Gas IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Mahanagar Gas IPO allotment status on the registrars website, Link Intime India Private Limited . Mahanagar Gas IPO refund dates are 30th November -0001.
Mahanagar Gas IPO is expected to be listed on 1st July 2016.
The upper price band for the Mahanagar Gas IPO is set at ₹ 421.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Mahanagar Gas IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Mahanagar Gas IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd June 2016. After submission, funds are blocked until the basis of allotment of Mahanagar Gas IPO is finalised.
The merchant banker for Mahanagar Gas IPO is Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited . Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mahanagar Gas IPO RHP for further details.
The registrar for Mahanagar Gas IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Mahanagar Gas IPO through their official website or helpline.
Mahanagar Gas IPO was subscribed 64.54 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1,039.64 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,462.67 Cr.
Sector: Oil And Gas
IPO so far:
6
Merchant Banker:
Citigroup Global
IPO by BRLM so far:
72
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹ 2,078.92 cr.
PE
Ratio:
13.40x
Average Sector PE Ratio: 25.33x
Mahanagar Gas IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mahanagar Gas Financial Review Page
Merchant Banker(s) of Mahanagar Gas IPO: Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited
Mahanagar Gas IPO subscription was 64.54 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Mahanagar Gas IPO listed at a listing price of 519.90 against the offer price of 421.00.
The current market price of Mahanagar Gas is 1511.20.
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