Established in: 1984 Managing Director: Deepak Gupta
GAIL (India) Limited is India’s leading natural gas company and was established on August 16, 1984. It is headquartered at GAIL Bhawan in New Delhi, India. GAIL is a state-owned energy sector company that primarily focuses on producing, trading, transmitting, and distributing natural gas.
GAIL Ltd was formerly founded as the ‘Gas Authority of India Limited’ by the Ministry of Petroleum and Natural Gas to build, operate and maintain the HVJ Gas Pipeline. In 2002, the company name was updated to ensure it reflects the company’s business transformation as it expanded its business segments
The GAIL (India) Limited launched its IPO in 2004 with an issue size of around ₹1,649 crore and a price of ₹ 195 per share. GAIL is listed on both Indian stock exchanges, NSE and BSE. In 2013, GAIL Ltd was awarded the ‘Maharatna’ status by the Government of India, making it one of the 14 public sector companies with that status.
GAIL Ltd was established in August 1984 under the Ministry of Petroleum & Natural Gas (PSU) with the aim of building, operating, and maintaining the HVJ gas pipeline. The HVJ pipeline was a 1,750 km-long pipeline, making it one of the largest gas pipeline projects in the world. The HVJ pipeline construction was started in 1987 and was completed by 1989.
On 6th December 1994, GAIL Ltd entered into a joint venture agreement with British Gas to establish Mahanagar Gas Limited to execute the Bombay City Gas Distribution project. In the following years, the company was awarded the status of ‘Navratna’ by the Government of India for its ‘excellent track record’ and ‘potential to become a global giant’.
In 1997, GAIL (India) Limited started the city gas distribution pilot project in New Delhi and set up nine compressed natural gas stations. Later, GAIL entered into a joint venture with Bharat Petroleum and the Government of Delhi to establish Indraprastha Gas to set up the Delhi gas distribution network.
In the following years, GAIL diversified into petrochemicals, telecom and liquidity hydrocarbons along with gas infrastructure. The company has entered the power, liquefied natural gas (LNG), regasification, city gas distribution and exploration and production by entering into equity and joint ventures. Due to the additional ventures, the Gas Authority of India was renamed GAIL (India) Limited on 22nd November, 2002.
The following are the business segments of Gail (India) Limited.
Natural Gas Transmission
Natural gas transmission is the core operation of the company and holds a significant market share in India. It operates a network of over 18,400 km of natural gas pipelines across the country and connects major gas sources to areas with high industrial and consumer demand.
Natural Gas Marketing
GAIL is a leading natural gas marketer. It procures gas from domestic producers and international companies with long-term (Sales and Purchase Agreements). The company manages a large portfolio of Liquefied Natural Gas, which includes shipping, regasification, and global trading, carried out by its subsidiary company.
Petrochemical
The company operates one of India’s largest integrated petrochemical complexes in Uttar Pradesh. It produces polymer, which is used in plastic manufacturing and holds equity in major petrochemical companies.
LPG & Liquid Hydrocarbons
The company operates 5 gas processing units (GPUs) that produce LPG, propane, Pentane, and Naphtha. GAIL Ltd also transmits LPG via its 2,040 km pipeline.
City Gas Distribution
GAIL offers gas connectivity to domestic, commercial and transport sectors, which is managed by its subsidiary. The company entered into various joint ventures to supply Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) to households and vehicles.
Emerging Segments Gail is moving toward clean energy and entering the renewable energy sector. The company currently has an installed capacity of 145 MW, consisting of 118 MW of wind and 27 MW of solar energy.
The following are the subsidiaries of Gail (India) Limited.
The following are the joint ventures of Gail (India) Limited.
As of 28 May 2026, GAIL share price is ₹169.00. The stock opened at ₹167.21, compared to its previous close of ₹167.63. During today's trading session, GAIL share price moved in the range of ₹167.21 to ₹169.65, with an average price of ₹168.43 for the day. Looking at its last 52-week, the stock has touched a low of ₹167.21 and a high of ₹169.65.
The market capitalization of GAIL is ₹1,10,133 Crs, with a P/E ratio of 14.5 and a dividend yield of 3.28%.