Adani Total Gas Limited – A Detailed Overview

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Adani Total Gas Limited – A Detailed Overview

All you need to know about Adani Total Gas Limited: IPO launch, share price, product offerings, financial details, and investment insights.

Introduction

Adani Total Gas Limited is a leading player in the Indian City Gas Distribution (CGD) sector, offering a wide array of natural gas services. With a growing footprint, the company has been a significant contributor to the nation’s energy sector.

IPO Details

The Initial Public Offering (IPO) of Adani Total Gas Limited was launched on November 5, 2018. The IPO was highly anticipated and saw a strong response from investors. The price band for the IPO was set at Rs 66 per share.

Current Share Price

As of the latest market data, the current share price of Adani Total Gas Limited is approximately Rs 1000 per share. The company’s stock has demonstrated robust growth, reflecting its strong performance in the market.

Product Offerings

  • Compressed Natural Gas (CNG): For vehicles, offering a cleaner and more efficient alternative to traditional fuels.
  • Piped Natural Gas (PNG): Supplying gas to households, industries, and commercial establishments.
  • City Gas Distribution (CGD): A comprehensive service covering residential, commercial, and industrial segments.

Financial Details

Over the past few years, Adani Total Gas Limited has shown remarkable financial performance. Here are some key financial indicators:

  • Revenue: ₹2,918 crore for FY 2022-23
  • Net Profit: ₹576 crore for FY 2022-23
  • EBITDA Margin: 32%
  • Market Capitalization: Approximately ₹1 lakh crore as of 2023

Investment Growth Over 5 Years

If an investor had invested Rs 10,000 in Adani Total Gas Limited 5 years ago at the IPO price of Rs 66 per share, let’s calculate the potential value today:

  • Initial Number of Shares: 10,000 / 66 ≈ 151.52 shares
  • Current Value of Each Share: Rs 1000
  • Total Value Today: 151.52 x 1000 = Rs 1,51,520

Thus, an initial investment of Rs 10,000 made 5 years ago would potentially be worth approximately Rs 1,51,520 today, indicating a substantial return on investment.

Conclusion

Adani Total Gas Limited has established itself as a formidable player in the energy sector with significant growth and strong financial performance. Investors who recognized its potential early on have seen impressive returns on their investments. As they continue to expand their product offerings and footprint, Adani Total Gas Limited is poised for continued success in the coming years.

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