September 23, 2014 8:58 AM ET

Gas Utilities

Company Overview of Mahanagar Gas, Ltd.

Company Overview

Mahanagar Gas, Ltd. operates as a natural gas distribution company in India. The company’s products include domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas. It distributes gas to households; small commercial and industrial establishments; vehicles, including rickshaws, taxis/cars, buses, and LCVs/tempos/trucks/private buses. The company’s products are used in hotels, including restaurants and food caterers; industries, such as metal, pharmaceutical, printing and dyeing, oil mills, food and beverages, and FMCG products manufacturers; hospitals, including clinics; charitable trusts, such as temples, churches, gurudwaras, government hospitals, cremat...

G- 33 Block

Bandra Kurla Complex

Bandra (East)

Mumbai,  400 051

India

Founded in 1995

Phone:

91 22 5678 5000

Fax:

91 22 5690 8076

Key Executives for Mahanagar Gas, Ltd.

Managing Director and Director
Age: 60
Technical Director and Director
Compensation as of Fiscal Year 2014.

Mahanagar Gas, Ltd. Key Developments

BG And Gail Reportedly To Sell Stake In Mahanagar Gas In An IPO

British Gas India Pvt. Ltd. and GAIL (India) Limited (BSE:532155) are planning to sell 49.75% stake each in Mahanagar Gas, Ltd. in a initial public offering, according to The Economic Times. The IPO will be worth around INR 10 billion.

Mahanagar Reportedly Plans IPO In 2014

Mahanagar Gas, Ltd. is planning for initial public offer (IPO) worth around INR 10 billion, sources with direct knowledge said. Mahanagar expects a valuation of over INR 60 billion and is in talks with banks for giving a mandate for the public offer.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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