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Torrent Gas Ltd.

BSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
54,131.1540,003.39
225.57266.57
54,356.7240,269.96
45,848.7833,589.28
3,722.881,717.58
2,808.541,350.48

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IPO Timeline

IPO Offer Start

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IPO Offer Ends

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Promoters

Torrent Investments Ltd.Mehta Family Trust 1Mehta Family Trust 2Mehta Family Trust 3Mehta Family Trust 4Sudhir Uttamlal MehtaSamir Uttamlal MehtaJinal Sudhirbhai MehtaVarun Sudhir Mehta

Book Running Lead Managers

Axis Capital Ltd.Citigroup Global Markets India Pvt Ltd.Kotak Mahindra Capital Co Ltd

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Offered to Public

33,50,00,000

shares

About the Company

We are an integrated city gas distribution (“CGD”) company operating in India, connecting natural gas producersand suppliers to the end user of natural gas, including domestic households, commercial establishments, industrialconsumers and vehicles. We are present across 17 authorized Geographical Areas, 34 districts, seven states andone union territory, pursuant to licenses granted by the Petroleum and Natural Gas Regulatory Board (“PNGRB”).Our total peak gas sales till the date of this Updated Draft Red Herring Prospectus - I is 3.34 MMSCMD,representing a compounded annual growth rate (“CAGR”) of 32.09% from 1.0 MMSCMD in February 2022 tillJune 30, 2026, over a period of 52 months. Over a period of approximately three years from commencement ofoperations, by February 2022, our peak gas sales increased to 1.0 MMSCMD. Thereafter, the increase from 1.0MMSCMD to 2.0 MMSCMD was achieved over a subsequent period of 29 months to July 2024. Subsequently,the increase from 2.0 MMSCMD to 3.0 MMSCMD was achieved over a shorter period of 19 months to February2026. This trend demonstrates a reduction in the time required to add each incremental 1.0 MMSCMD of peakgas sales, reflecting the benefits of infrastructure expansion, growing consumer base and improved operationalscale. Across multiple parameters, we rank as follows against the benchmarked CGD entities in India, as identifiedby CRISIL (“Benchmarked CGD Entities”)

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