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Mahanagar Gas lists its shares on BSE & NSE

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The Mahanagar Gas Limited IPO was listed today on BSE & NSE. The IPO issue price was Rs. 421.

BSE

 http://bit.ly/29wvpVh

OPEN

 540.00

HIGH

 549.15

LOW

 517.80

CLOSE

 519.90

NSE

 http://bit.ly/29b8VJq

OPEN

 540.00

HIGH

 548.95

LOW

 518.00

CLOSE

 520.30

ISSUE HIGHLIGHTS

Price Band

Rs.380 – Rs. 421

Issue Price

Rs.421

Bid Lot

35 equity share and in multiple of 35 equity share thereafter

Offer Size

Rs. 938 Cr to Rs. 1040 Cr

Offer Details

Offer for Sale: Up to 24,694,500 Equity Share

Offer Period

Anchor Book

June 20, 2016

Issue Opens

June 21, 2016

Issue Closes

June 23, 2016

Offer Structure

QIBs

50%

NIIs

15%

RIIs

35%

Anchor Investors

Up to 60% of OIB category, on a discretionary basis

Listing on

BSE and NSE

Merchant Bankers

Kotak Mahindra Capital Company Limited

Citigroup Global Markets India Private Limited

Registrar

Link Intime India Private Limited.

Mahanagar Gas lists its shares on BSE and NSE


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