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Torrent Gas readies updated draft papers for up to Rs 40bn IPO

Torrent Gas plans to file updated IPO draft papers for an offering worth up to Rs 40 billion. The Indian PNG and CNG operator serves households, industries and operates about 500 CNG stations.

Reported figures

From the report. Source details below

PNG supplied to over 200,000 households
More than 1,300 industrial customers
28 IPOs recorded in the first half of 2026

Also in the report

  • Up to 40 billion rupees ($418.09 million)
  • Operations across eight states and one union territory
  • 27 companies launched or announced IPOs since July

The source

Source Read the source at Business Standard

Published

Confirmed by The Hindu BusinessLine

First seen