As of March 2024, 32.50% is owned by Indian Promoters and 67.50% by Public.

Institutional holds 47.94% (Insurance Companies 11.73%) and Non-Institutional holds 9.55% as Public shareholders.

Top Promoter holding highest number of shares of Mahanagar Gas company is Gail (India) Ltd (321.03 lakhs shares / 32.50%).