About Mahanagar Gas
Mahanagar Gas is a company based in Mumbai (India) founded in 1995. It operates as a Reseller / Distribution. The company has 2,420 employees as of March 31, 2024. Mahanagar Gas has completed 1 acquisition, including Unison Enviro. Mahanagar Gas offers products and services including Natural Gas Supply.
- Headquarter Mumbai, India
- Employees 2420 as on 31 Mar, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Mahanagar Gas Ltd
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Annual Revenue
$850.25 M (USD)15.48as on Mar 31, 2025
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Net Profit
$121.85 M (USD)-19as on Mar 31, 2025
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EBITDA
$187.16 M (USD)-14.57as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
2420
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Mahanagar Gas
Mahanagar Gas is a publicly listed company on the NSE with ticker symbol MGL in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Mahanagar Gas
Mahanagar Gas offers a comprehensive portfolio of products and services, including Natural Gas Supply. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Natural gas is supplied for domestic and industrial use.
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Funding Insights of Mahanagar Gas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Mahanagar Gas
Mahanagar Gas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unison Enviro. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of natural gas distribution for domestic & commercial sector
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mahanagar Gas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mahanagar Gas Comparisons
Competitors of Mahanagar Gas
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mahanagar Gas
Frequently Asked Questions about Mahanagar Gas
When was Mahanagar Gas founded?
Mahanagar Gas was founded in 1995.
Where is Mahanagar Gas located?
Mahanagar Gas is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Mahanagar Gas?
Rajeev Mathur is the current CEO of Mahanagar Gas.
How many employees does Mahanagar Gas have?
As of Mar 31, 2024, the latest employee count at Mahanagar Gas is 2,420.
What is the annual revenue of Mahanagar Gas?
Annual revenue of Mahanagar Gas is $850.25M as on Mar 31, 2025.
What does Mahanagar Gas do?
Natural gas distribution is managed by Mahanagar Gas in India. Operations are focused on supplying gas for domestic, commercial, and industrial purposes. Coverage includes urban and suburban areas with an emphasis on sustainable energy solutions. The company is engaged in expanding access to clean fuel alternatives.
What products or services does Mahanagar Gas offer?
Mahanagar Gas offers Natural Gas Supply.
Is Mahanagar Gas publicly traded?
Yes, Mahanagar Gas is publicly traded on NSE under the ticker symbol MGL.
How many acquisitions has Mahanagar Gas made?
Mahanagar Gas has made 1 acquisition, including Unison Enviro.
What is Mahanagar Gas's ticker symbol?
The ticker symbol of Mahanagar Gas is MGL on NSE.