Share ownership Mahanagar Gas Limited

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E. Other stock markets 05:19:42 11/07/2025 pm IST			5-day change	1st Jan Change
1,486.20 ^INR	+0.27%		-3.64%	+15.71%

17/06	INDIA STOCKS-Indian shares slip as Trump's Tehran warning, oil surge rattle investors	RE
17/06	Nomura Upgrades Mahanagar Gas to Buy From Neutral, Adjusts Price Target to INR1,680 From INR1,350	MT

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 %	555 M ₹
State of Maharashtra 10 %	98,77,778	10 %	171 M ₹
Life Insurance Corporation of India (Investment Portfolio) 6.939 %	68,54,264	6.939 %	119 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 1.619 %	15,98,788	1.619 %	28 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 1.455 %	14,36,822	1.455 %	25 M ₹
Baroda BNP Paribas Asset Management India Pvt Ltd. 1.096 %	10,82,435	1.096 %	19 M ₹
APG Asset Management NV 1.07 %	10,56,759	1.07 %	18 M ₹
THE NEW INDIA ASSURANCE COMPANY LIMITED 1.005 %	9,92,642	1.005 %	17 M ₹
Tata Asset Management Pvt Ltd. 0.9601 %	9,48,362	0.9601 %	16 M ₹
Axis Asset Management Co. Ltd. 0.9466 %	9,35,022	0.9466 %	16 M ₹
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░	░ ░░░	░░░░%	░░

Breakdown by shareholder type

GAIL (India) Ltd.	32.5%
Institutional	18.53%
Governments	10%
The New India Assurance Co. Ltd.	1%
Unknown	37.96%

Based on 1000 largest holdings

Geographical origin of shareholders

India	60.33%
Netherlands	1.07%
Denmark	0.22%
Hong Kong	0.21%
Switzerland	0.06%
United Kingdom	0.05%
France	0.05%
Canada	0.02%
Ireland	0.01%
United Arab Emirates	0.01%
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

532

Sector

Natural Gas Utilities

Calendar

24/07 - Q1 2026 Earnings Release (Projected)

More about the company