Maharashtra Natural Gas IPO: BPCL Clears ₹1,000 Crore Public Offering!
Maharashtra Natural Gas Ltd., a joint venture with GAIL and Indraprastha Gas Ltd., has received in-principle approval from Bharat Petroleum Corp. to go public. According to BPCL’s regulatory filing, the proposed IPO is anticipated to garner about Rs 1,000 crore. IGL currently owns 50% of MNGL, with BPCL and GAIL each owning 22.5%. MNGL is … Read more