Mahanagar Gas IPO Oversubscribed 3.92 Times On Day 2

Mumbai: The initial share sale of country's second largest CNG retailer Mahanagar Gas continued to witness strong investor response with the issue getting oversubscribed 3.92 times on the second day of the three-day offering. The Rs 1,040 crore-IPO received bids for 6,80,27,645 shares against the total issue size of 1,73,46,150 shares, data available with the stock exchanges till 1700 hrs showed. The category set aside for qualifie...