As of June 2025, 32.50% is owned by Indian Promoters and 67.50% by Public.

Institutional holds 48.00% (Insurance Companies 11.21%) and Non-Institutional holds 9.50% as Public shareholders.

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