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ISIN No
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INE002S01010
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BSE Code / NSE Code
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539957 / MGL
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Book Value (Rs.)
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649.02
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Face Value
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10.00
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Bookclosure
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13/02/2026
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52Week High
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1587
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EPS
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85.16
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P/E
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12.39
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Market Cap.
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10419.08 Cr.
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52Week Low
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900
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P/BV / Div Yield (%)
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1.63 / 2.84
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| The Company was incorporated on May 8, 1995 as a public limited company, pursuant to a joint venture agreement entered into between GAIL and British Gas plc on December 6, 1994, for the purposes of undertaking the business of city distribution and marketing of natural gas in in Mumbai, its Adjoining Areas and the Raigad district in the state of Maharashtra, India or at such other places as may be decided by the Company from time to time. the Company received a certificate of commencement of business on July 4, 1995.
Major events in the history :
1997-1998
-The first natural gas supply and transportation contract was signed with GAIL
2008-2009
-Completed laying 2,000 km of PE pipeline in GA 1
2010-2011
-Completed laying 200 km of steel pipeline in GA 1 and achieved a customer base of 0.5 million domestic customers
2011-2012
-Commissioned 150th CNG dispensing station
2012-2013
-Completed laying more than 350 km of PE pipeline and 350 km of steel pipelines
2013-2014
-Achieved a customer base of 1.0 million customers
Awards, achievements and certifications :
2002
-Inside Outside Mega Show 2002
-ISO 9001:2008
2003
-BG Chairman's Award
-ISO 14001:2004
2004
-BG Chairman's Award
-Corcon 2004 Conference on corrosion
-Greentech Safety Gold Award
-Greentech Environment Gold Award
2005
-Golden Peacock Environment Management Award
-BG Chief executive innovation awards
2007
-BG Chairman's Award
2008
-9th Annual Greentech Environment excellence award
2009
-CII Safety Health and environment award
-OHSAS 18001:2007
2010
-NGV India
2011
-BG Chairman's Award
2012
-National Safety Council - Maharashtra Safety Awards
2013
-14th Annual Greentech Environment Award
-12th Annual Greentech Safety Award
-International Certification Services Quality champion recognition
-Certificate of Compliance to PNGRB notification GSR 39(E)
2014
-4th Annual Greentech CSR Award
2015
-Second Pandit Madan Mohan Malaviya Award (Silver Award)
-5th Annual Greentech CSR Award
-Rashtra Vibhushan Award
-Golden Peacock Award for Corporate Social Responsibility
2017
- Mahanagar Gas Limited has launched CNG-fueled two-wheeler, whose cost of running comes to 60 paise a kilometre and will also help in cutting emission level.
-"Launch of CNG fueled Two Wheeler in Mumbai".
2018
-Social Change Award 2018 by Government of India.
2021
-Mahanagar Gas Limited launches 'MGL Hat-trick Yojana' for CNG Commercial Vehicles.
-Mahanagar Gas Limited introduces India's first Mobile CNG Refulling Unit.
2022
-MGL won the prestigious GREENTECH Award for outstanding achievements in "Environment Protection" at 22nd Annual Greentech Environment Award 2022.
-MGL won the esteemed APEX India GOLD Award 2022 for Best Fire & Safety Measures under Public Utility Service Organization Sector.
2023
-Mahanagar Gas Limited commences PNG supply at Raj Bhavan.
-Mahanagar Gas Limited signs Agreement to acquire Unison Enviro Private Limited.
-Mahanagar Gas Limited Signs MoU with Baidyanath LNG to scale up LNG Network.
-Mahanagar Gas Limited organised free Eye check-up Camp for Auto rickshaw drivers under MGL Aarogya initiative.
2024 -MGL announces incorporation of Mahanagar LNG Private Limited. -Mahanagar Gas Limited Brings Khushiyan Lakhon Ki to new PNG Users. -Mahanagar Gas Limited Completes its First Acquisition 100% Equity in Unison Enviro Transferred to MGL. -Mahanagar Gas Limited launches new edition of MGL CNG Mahotsav.
2025 -EXCELLENCE AWARD- Disability Prevention & Treatment category in the Vibrant Rotary CSR Conclave & Awards. -MGL has been recognized & awarded for the solar energy implementation. -"Mahanagar Gas Limited signs MOU with Oil India Limited to collaborate across the LNG value chain".
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