- Exchanges
- BSE, NSE
- Issue
- Book building
Mahanagar Gas IPO
₹520.30
+23.59% on listing
Listing-day close · NSE · 1 Jul 2016 · issue price ₹421
Mahanagar Gas’ ₹1,039 crore IPO was priced at ₹421 a share. It listed on the NSE on 1 Jul 2016 and closed its first day at ₹520.30, up 23.59% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹1,039 Cr
- Fresh issue
- —
- Offer for sale
- ₹1,039 Cr
- Lot size
- 35 shares
- Minimum investment
- ₹14,735
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 44.67× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹4,159 Cr
- Promoter holding
- 90.00% → 65.00%
From the offer documents.
Listing
- Listing date
- 1 Jul 2016
- Issue price
- ₹421
- Open
- ₹540.00
- High
- ₹548.95
- Low
- ₹518.00
- Close
- ₹520.30
Listing day on the NSE. The close was +23.59% on the issue price.
MGL share price todayFAQs
When did the Mahanagar Gas IPO open and close?
It opened on 21 Jun 2016 and closed on 23 Jun 2016.
What was the Mahanagar Gas IPO price?
The price band was ₹380–421 a share. The final issue price was ₹421.
What is the lot size and minimum investment?
One lot is 35 shares, ₹14,735 at ₹421 a share. Retail investors apply in whole lots.
How much did Mahanagar Gas raise?
₹1,039 crore: ₹1,039 crore offered by existing shareholders.
How many times was the Mahanagar Gas IPO subscribed?
44.67 times overall.
How did Mahanagar Gas list?
It listed on the NSE on 1 Jul 2016 at ₹540.00 and closed the day at ₹520.30, up 23.59% on the ₹421 issue price.
Who is the registrar of the Mahanagar Gas IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app