In response to reports about a planned Rs 1,000 crore IPO, the company confirmed that its board has approved the proposal. BPCL, GAIL India, and IGL are preparing to list their joint venture city gas ...
Citi wrote in its note that a listing of MNGL could help unlock value for IGL, as its two Joint Venture Companies, MNGL and CUGL, together contribute ₹56 per share to its price target of ₹450 on the ...
In response to reports of a Rs 1,000 crore IPO, BPCL confirmed that its board has approved the proposal, pending regulatory and other approvals. According to an ET report, BPCL, GAIL India, and IGL ...
Shares of Bharat Petroleum Corporation (BPCL), Indraprastha Gas (IGL), Gail (India) were in focus on Tuesday, January 7, 2025. BPCL share price, today, rose 2 per cent (Rs 290.5 per share) in the ...
GAIL India, and Indraprastha Gas or IGL are preparing to list their joint venture, Maharashtra Natural Gas or MNGL, through an initial public offering (IPO) worth over Rs 1,000 crore. The public ...
BPCL, a Maharatna PSU, revealed its plans for MNGL's IPO via an exchange filing. The company clarified that the IPO is subject to regulatory and other requisite approvals. The move is seen as a step ...
Bharat Petroleum Corporation (BPCL) approved the initial public offering (IPO) of the Maharashtra Natural Gas (MNGL), mentioned in the latest exchange filing on 06 January. “We would however like to ...
Maharashtra Natural Gas (MNGL) is a natural gas distribution company engaged in supplying Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Maharashtra.
Mark Mobius’ big bet, Infosys shares near 52-week high ahead of Q3 earnings MNGL is a city gas distribution entity. It is a joint venture of two Maharatna PSUs, GAIL (India) and BPCL with equity ...
Broader implications for the CGD market Citi Research noted that the IPO could improve visibility on MNGL’s earnings trajectory, especially in light of regulatory changes, including the recent APM gas ...
“We would however like to mention that there has been a news report that MNGL, joint venture of BPCL, GAIL, IGL is preparing to list through IPO of over Rs.1000 crore. In this respect, BPCL ...
Following the state-owned refiner’s in-principle clearance of the initial public offering (IPO) of Maharashtra Natural Gas Ltd (MNGL), a joint venture with GAIL and Indraprastha Gas Ltd (IGL ...