Mahanagar Gas IPO — Listing Performance
Mahanagar Gas IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 21 Jun 2016 |
| Listing date | 1 Jul 2016 |
| Issue price | ₹421 |
| Listing-day close | ₹520.30 (23.59%) |
| Recent market price | ₹1,084.30 (157.55% vs issue) |
| 52-week range | ₹908.40 – ₹1,363.20 |
| Identifiers | NSE: MGL · ISIN: INE002S01010 |
How the listing went
Mahanagar Gas had a strong market debut, ending listing day 23.59% over the issue price.
Mahanagar Gas against every other debut on record
- Rank in 2016: 7 of 31 NSE debuts, on a 23.59% first-day close.
- 74th percentile of 24 mainboard debuts in 2016 (median 13.56%).
- Opened 28.27% above issue, then gave up 4.68 points to the close.
- Day-one range ₹518 to ₹548.95: a 7.35% swing on the issue price.
- Last close ₹1,084.30 (11 Sep 2026): 157.55% above issue, against 23.59% on day one.
- 39% up its 52-week range of ₹908.40 to ₹1,363.20.
- Priced at the top of the ₹380 to ₹421 band.
- Listed 8 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources