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MAHANAGAR GAS IPO
Betting on two stocks for wealth creation: Gaurang Shah, Geojit Financial ServicesMCL has performed quite well post listing, virtually having a monopoly kind of a business.- Why are HNIs going head over heels to bid for IPOs? The numbers are crazy5 out of the 12 issues that hit market this year saw NII category getting subscribed over 100 times, while 2 other issues saw subscriptions...
- IPO market in fast lane, companies mop up Rs 7,775 crore in January-JuneThe total proceeds from 11 IPOs in January-June are the highest since 2010, when 29 firms garnered Rs 9,693 crore in the first six months,.
- Quess Corp IPO a huge hit; oversubscribed 147 timesThe offer has generated demand worth over Rs 31,000 crore, excluding the anchor portion worth Rs 180 crore that was already allocated to in...
- Mahanagar Gas makes stellar debut on D-St, stock jumps 23% over issue priceMahanagar Gas, promoted by state-run GAIL and British Gas Asia Pacific Holdings, made an offer for sale of up to 24,694,500 equity shares o...
- Include Axis Bank bids in Mahanagar Gas issue, orders Bombay High CourtMahanagar, which collected over Rs 1,040 crore through the issue, was subscribed 64.5 times. The IPO closed on June 23.
- No takers for unofficially traded shares of IPO-bound companiesIn the grey market, shares are traded ahead of their listing and punters settle trades by delivering shares when the company lists on bours...
- Mahanagar IPO a big hit! Issue subscribed 64 timesInvestors bade for 61,85,74,495 shares, or 35.66x, the issue size on BSE. On NSE, 49,83,41,025 shares were bid for, accounting for 28.73x t...
- IPO mart ignores Brexit anxiety, Mahanagar Gas sees brisk buyingThe issue received bids for 6,80,27,645 shares, which were 3.92 times the total issue size of 1,73,46,150 shares, data available with stock...
- Mahanagar Gas IPO sails through, subscribed 1.08 times on Day 1The gas distributor on Monday had successfully allotted 7,348,350 equity shares to 25 anchor investors at Rs 421 per share, aggregating to ...
- Mapping the market: As Brexit jitters build up, stocks go haywire but new IPO sailsThe BSE Sensex fell 54 points, while the Nifty50 shut above the 8,200 in a tedious session, which D-St pundits read in it the proverbial ca...
- Mahanagar Gas may see slow growth without regulation push: Prayesh Jain, IIFLExpect Rs 75-100 upside on the listing day itself because there is a large gap in terms of valuation between Mahanagar Gas and the listed p...
- Mahanagar Gas raises Rs 309 crore from anchor investors ahead of IPOThe company is planning to raise Rs 1,040-crore from its IPO which is priced at Rs 380-421 per share.
- IGL draws buyers ahead of Mahanagar Gas IPOThis high interest in the company’s stock can be attributed to a strategy which involves maximising returns before the listing of a key pla...
- Primary market last week: Look who all created all the buzz on Dalal StreetNew primary market offerings may have taken a back seat on D-Street, but news about impending large IPOs kept investors hooked through the ...
- Mahanagar Gas files IPO papers with SebiNatural gas distribution company Mahanagar Gas Ltd (MGL) has filed draft papers with capital markets regulator Sebi to raise funds through ...
- Mahanagar gas plans Rs 1,200-crore IPOThe joint owners aim to sell 25% in Mahanagar Gas for Rs 1,200 crore, valuing the firm at Rs 4,800 crore. AIL and British Gas will sell 12....
- Mahanagar Gas plans Rs 1,000 crore IPO next year: SourcesMumbai’s natural gas supplier, Mahanagar Gas is planning an initial public offer worth around Rs 1000 crores, sources with direct knowledge...
- Mahanagar Gas plans IPO, state govt may hold 10%Mahanagar Gas Ltd, the company that provides piped gas to households and compressed natural gas to automobiles in Mumbai, is planning to ma...
- BG may get divestment waiver for MahanagarBritish Gas (BG) India may get a waiver from divesting 20% shareholding in Mahanagar Gas (MGL) through an initial public offering (IPO), mu...
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