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Live News EQUITY ARTICLE M impact

GAIL Gas starts process to appoint banks for IPO up to Rs 3,100 crore

GAIL Gas Ltd has begun appointing investment banks for an IPO that could raise up to Rs. 3,100 crore, per a document reviewed by Mint.

GAIL

MUMBAI, Sept. 3,100 crore, according to a document reviewed by Mint. The city gas distribution company, a wholly owned subsidiary of state-run GAIL (India) Ltd, is…