OTHER GROUP COMPANIES
market

Mahanagar Gas plans to raise around $130 mn through IPO: Reports

Report said that the company has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering (IPO).

January 19, 2015 3:29 IST | India Infoline News Service
Mahanagar Gas Ltd is planning to raise around Rs8 bn ($129.66 million) via IPO in the first quarter of 2015, according to reports.

Report said that the company has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering (IPO).

The company is expected to file for IPO with Securities and Exchange Board of India over the next month, says report.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity