Share ownership Mahanagar Gas Limited

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E. Other stock markets 04:35:04 13/03/2026 pm IST			5-day change	1st Jan Change
1,035.00 ^INR	-1.45%		-1.36%	-8.90%

12/03	Indian shares open lower on surging oil, renewed trade worries	RE
11/03	Mahanagar Gas says supply to industrial and commercial customers impacted by gas curtailment	RE

Share class: Mahanagar Gas Limited

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	9,87,77,778	5,67,96,439 ( 57.5 %)	0	57.5 %

Major shareholders: Mahanagar Gas Limited

Name	Equities	%	Valuation
GAIL INDIA LIMITED 32.5 %	3,21,02,750	32.5 %	430 M ₹
State of Maharashtra 10 %	98,77,778	10 %	132 M ₹
Life Insurance Corporation of India (Investment Portfolio) 6.748 %	66,65,971	6.748 %	89 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 1.798 %	17,75,534	1.798 %	24 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.391 %	13,74,081	1.391 %	18 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 1.337 %	13,20,910	1.337 %	18 M ₹
Axis Asset Management Co. Ltd. 1.176 %	11,61,147	1.176 %	16 M ₹
Bajaj Allianz Life Insurance Co. Ltd. 1.08 %	10,66,906	1.08 %	14 M ₹
Canara Robeco Asset Management Co., Ltd. (Invt Mgmt) 0.757 %	7,47,746	0.757 %	10 M ₹
Tata Asset Management Pvt Ltd. 0.7028 %	6,94,161	0.7028 %	9 M ₹
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Breakdown by shareholder type

GAIL (India) Ltd.	32.5%
Institutional	17.31%
Governments	10%
Unknown	40.19%

Based on 1000 largest holdings

Geographical origin of shareholders

India	58.54%
Hong Kong	0.5%
Denmark	0.5%
France	0.07%
Switzerland	0.06%
Belgium	0.05%
United Kingdom	0.04%
Canada	0.04%
Malaysia	0.01%

Based on 1000 largest holdings

Mahanagar Gas Limited is an India-based natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. It operates through the selling of the natural gas segment. It offers PNG for domestic, commercial and industrial purposes. Its domestic PNG is used for various purposes like cooking and water heating. It is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. It offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. It supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. It also installs gas geysers.

Employees

579

Sector

Natural Gas Utilities

More about the company