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Mahanagar Gas IPO opens today; should you subscribe?

Mahanagar Gas IPO opens today; should you subscribe?

Tue, Jun 21, 2016

Mahanagar Gas Limited (MGL) is the sole distributor of Compressed National Gar (CNG) & Piped Natural Gas (PNG) in Mumbai, its adjoining areas and Raigad district (Maharashtra). The company has a supply network of over 4,646 km of pipelines, which involves 4,231 km of polyethylene pipeline and 415 km of steel pipeline as of FY16. 

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