BPCL approves Rs 1,000 crore IPO of JV company ... - Moneycontrol
2 days ago · Maharashtra Natural Gas (MNGL), a joint venture between BPCL, GAIL and IGL is preparing to list through an Initial Public Offering (IPO) of over Rs 1,000 crore, with the board of BPCL having given ...
IGL, BPCL, Gail (India) shares rise 2% each on in-principle nod to MNGL IPO
2 days ago · 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 morning trade as the company’s Board gave in-principle approval for the initial public offering (IPO) of Maharashtra Natural Gas Limited (MNGL).
BPCL shares climb 2% following in-principle approval for MNGL IPO
2 days ago · Bharat Petroleum Corporation (BPCL) shares jumped 2% to a high of Rs 290.55 on the BSE today after the state-owned refiner gave in-principle approval for an IPO of Maharashtra Natural Gas Ltd (MNGL), a joint venture with GAIL and Indraprastha Gas Ltd (IGL). Reacting to reports of Rs 1,000 crore IPO being planned, the company said the board has cleared the proposal, which is subject to ...
BPCL shares rise 2% as board approves MNGL IPO worth Rs 1,000 …
2 days ago · MNGL, a Pune-based city gas distribution company, is a joint venture between BPCL, GAIL, and IGL, with additional equity participation from the Maharashtra government via MIDC. MNGL’s robust financials attract attention. In FY24, MNGL reported a total revenue of Rs 3,001.88 crore, marking its strong market presence.
Maharashtra Natural Gas IPO: BPCL board approves ₹1,000 crore …
2 days ago · Maharashtra Natural Gas IPO: Maharashtra Natural Gas (MNGL) is set to go public with an IPO over ₹1,000 crore, following preliminary approval from BPCL’s board. The joint venture includes BPCL ...
BPCL approves Rs 1000 crore Maharashtra Natural Gas IPO - IPO News ...
2 days ago · BPCL IPO approval today, January 07: Shares of BPCL were up 2% to an intra-day high of Rs 290.50. (Image: Freepik) Bharat Petroleum Corporation has given in-principal approval to the listing of ...
BPCL Shares Gain on in principle MNGL IPO Approval
2 days ago · The board has approved the proposal, which is pending regulatory and other approvals, the business stated in response to news of an IPO for Rs 1,000 crore. At the moment, IGL controls 50% of MNGL ...
Upcoming IPO: BPCL Board Approves Rs 1,000 Crore Public Issue …
2 days ago · IPO Details. While specific details about MNGL's IPO are awaited, the Rs 1,000 crore offering is expected to fund its growth plans and strengthen its market position.
Maharashtra Natural Gas likely to list on bourses next fiscal
4 days ago · BPCL, GAIL, and IGL will list their joint venture Maharashtra Natural Gas in the upcoming financial year with an IPO of over ₹1,000 crore. The proceeds will be used to expand operations. MNGL, which serves Pune and surrounding areas, reported strong financial results last year. This IPO will help unlock value for investors.
BPCL gives in-principle approval to joint venture company MNGL IPO
3 days ago · State-owned refiner BPCL has given in-principle approval for an IPO of Maharashtra Natural Gas Ltd (MNGL), a joint venture with GAIL and Indraprastha Gas (IGL). Reacting to reports of Rs 1,000 crore IPO being planned, the company said the board has cleared the proposal, which is subject to regulatory and other approvals.
- Some results have been removed