IN THE NATURE OF ABRIDGED PROSPECTUS – MEMORANDUM CONTAINING SALIENT FEATURES OF THE

RED HERRING PROSPECTUS (RHP)

BIDDER’S UNDERTAKING FOR BID CUM APPLICATION FORM
(IN CASE OF A JOINT APPLICATION, THE CONFIRMATIONS, AUTHORISATIONS, UNDERTAKINGS AND REPRESENTATIONS MADE BY THE FIRST APPLICANT WILL BE
DEEMED TO HAVE BEEN MADE ON BEHALF OF ALL JOINT APPLICANTS. THE FIRST APPLICANT SHALL BE LIABLE FOR ALL THE OBLIGATIONS ARISING OUT OF THE
OFFER OF EQUITY SHARES.)
On the basis of the Red Herring Prospectus dated June 10, 2016 (the “RHP”), General Information Document (the “GID”) and having studied the attached details as per the Abridged Prospectus, I/
We hereby apply for Allotment to me/us of the Equity Shares in the Offer upto my/our Bids for maximum number of Equity Shares at or above the Offer Price, net of discount, if any, to be discovered
through Book Building Process. I/We hereby confi rm that I am/We are eligible persons to invest in this Offer in accordance with applicable laws. I/We agree to accept the Equity Shares Bid for, or
such lesser number as may be allotted to me/us subject to the terms of the RHP, Abridged Prospectus, the GID, the Bid cum Application Form and other applicable laws. I/We undertake that I/We will
sign all such other documents and do all such acts, if any, necessary on my/our part to enable me/us to be registered as the holder(s) of the Equity Shares which may be allotted and to register my/our
address as given in the depository records. I/We note that in case of QIB Bidders, the (i) SCSBs (for Bids other than the Bids by Anchor Investors); and (ii) the BRLMs and their affiliate Syndicate
Members (only in the Specified Locations) have the right to reject Bids at the time of acceptance of Bid cum Application Form provided that the reasons for rejecting the same shall be provided to such
Bidder in writing, whereas it has a right to reject it from Non-Institutional Bidders and Retail Individual Bidders based only on technical grounds and/or as specified in the Abridged Prospectus, GID
and the RHP. I/We note that QIB Bids can also be rejected on technical grounds. I/We authorise the Company to make the necessary changes in this Bid cum Application Form and the RHP for filing
of the Prospectus with the Registrar of Companies, Maharashtra at Mumbai without intimation to me/us and use this Bid cum Application Form as the Application Form for the purpose of this Offer.
I/We CONFIRM THAT: EITHER I am/We are Indian National(s) resident in India and I am/We are not applying for the said Equity Shares as nominees of any person resident outside India or
Foreign Nationals OR I am/We are Indian National(s) resident in India and I am/We are applying for the said Equity Shares as Power of Attorney holder(s) of Non-Resident Indian(s) as mentioned on
Non-Repatriation basis OR I am/We are Indian National(s) resident outside India and I am/We are applying for the said Equity Shares on my/our own behalf through NRO account on Non Repatriation
basis. I am/We are, or at any time the Equity Shares are purchased will be, the beneficial owner of such Equity Shares and (a) I/We and any customer I/We represent, am/are located outside the United
States within the meaning of Regulation S under the Securities Act of 1933, as amended, (the “Securities Act”), (b) am/are not an affiliate of the Company or a person acting on behalf of such affiliate.
FOR QIB BIDDERS: We confi rm that the Bid Size/Maximum Equity Shares applied for by us do not exceed the relevant regulatory approvals/limits. I/We am/are not prohibited from accessing capital
markets under any order/ruling/ judgment of any regulatory, judicial or any other authority, including SEBI or under the provisions of any law, regulation or statute.
Further: 1) In accordance with ASBA process provided in SEBI Regulations and as disclosed in the RHP, I/We authorise (a) the members of the Syndicate (in Specified Locations only) or the Registered
Brokers (at Broker Centers) or the SCSBs or the RTAs or the CDPs to do all acts as are necessary to make the Application in the Offer, including uploading my/our Bid, blocking or unblocking of funds
in the bank account maintained with the SCSB as specified in the Bid Cum Application Form, transfer of funds to the Public Offer Account on receipt of instruction from Registrar to the Offer, after
fi nalisation of basis of Allotment; and (b) the Registrar to the Offer to issue instruction to the SCSBs to unblock the funds in the specified bank account upon fi nalisation of the basis of Allotment. 2) In
case the amount available in the specified bank account is insufficient as per the highest Bid option, net of discount, if any, the SCSB shall reject the Application. 3) I/We hereby authorise the members
of the Syndicate (in Specified Locations only) or the Registered Brokers (at Broker Centres) or the SCSBs or CDPs or the RTAs, as the case may be, to make relevant revisions as may be required to be
done in the Bid, in the event of a revision of the Price Band.

INSTRUCTION FOR FILLING UP THE BID CUM APPLICATION FORM

1. Name of Sole/ First Bidder should be exactly the same as it appears in the Depository records. In case of joint Bids, only the name of the first Bidder (which should also be the fi rst holder in which
the beneficiary account is held) should be provided in the Bid cum Application Form.
2. The fi rst Bidder, should mention his/ her PAN allotted under the Income Tax Act, and any Bid cum Application Form without the PAN is liable to be rejected. Except for Bids by or on behalf of the
Central or State Government and the officials appointed by the Courts and by investors residing in the state of Sikkim, the Bidders, or in the case of Bid in joint names, the fi rst Bidder (the fi rst name
under which the beneficiary account is held), should mention his/ her PAN allotted under the Income Tax Act. Any Bid cum Application Form without the PAN is liable to be rejected.
3. Based on the PAN, DP ID and Client ID provided by the Bidders, the Registrar will obtain demographic details registered with depositary participants to be used for allotment, technical rejections,
or unblocking of ASBA Account. Hence, Bidders are advised to immediately update any change in their details as appearing on the records of the Depository Participant. Please note that failure to
do so could result in failure in allotment of Equity Shares, delays in unblocking of ASBA Account at the Bidders sole risk and neither the Syndicate or the Registrar or RTAs/CDPs or the SCSBs nor
the Company shall have any responsibility and undertake any liability for the same.
4. Bid Lot and Price Band: The Price Band, discount offered, if any, and the Minimum Bid Lot will be decided by the Company in consultation with the Selling Shareholders and the BRLMs and
will be advertised at least five Working Days prior to the Bid/Offer Opening Date in all editions of the English national daily newspaper Financial Express, all editions of the Hindi national daily
newspaper Jansatta, and the Mumbai edition of the Marathi newspaper Navshakti (Marathi being the regional language of Maharashtra where our Registered Office of the Company is located) each
of wide circulation in accordance with the SEBI Regulations. In case of revision of the Price Band, the Bid/Offer Period will be extended for at least three additional working days after revision of
Price Band subject to the Bid/Offer Period not exceeding 10 Working Days. Any revision in the Price Band and the revised Bid/Offer Period, if applicable, will be widely disseminated by notification
to the Stock Exchanges, by issuing a press release and also by indicating the changes on the terminals of the Syndicate Members and by intimation to SCSBs, Registered Brokers, CDPs and RTA.
Maximum and Minimum Bid Size: In case of resident Retail Individual Bidders, such number of Equity Shares such that the Bid Amount does not exceed ` 200,000, net of discount, if any. Bids
at the Cut-Off Price indicate their agreement to purchase the Equity Shares at the Offer Price, net of discount, if any, as determined at the completion of the Book Building Process. In case of Non-
Institutional Bidders and QIB Bidders, the minimum Bid size shall be such number of Equity Shares such that bid amount exceeds ` 200,000. The maximum Bid by any investor should not exceed
the investment limits prescribed for them by applicable laws.
5. Please tick Category as applicable to ensure proper upload of Bid in Stock Exchange system.
6. Please tick investor status as applicable. Please ensure investor status is updated in your Depository records.
7. Total Amount payable must be calculated for the highest of three options, at Net Price, i.e., Bid Price, less discount offered, if any, to Bidder’s category if any, at the time of the submission of the Bid
cum Application Form. “Cheques/Demand Draft/Cash/stock invest/money orders/postal orders will not be accepted”. All NRI Bidders bidding on a repatriation basis by using the Non-Resident
Forms are required to authorise their SCSB to block their NRE/ FCNR ASBA Accounts, and all NRI Bidders bidding on a non-repatriation basis by using Resident Forms are required to authorise
their SCSB to block their Non-Resident Ordinary (NRO) accounts for the full Bid Amount, net of discount, if any, at the time of the submission of the Bid cum Application Form. The NRI Applicants
can obtain the Bid cum Application Form from the Company’s Registered Office or from any of the members of the Syndicate or CDPs or RTAs or Registered Brokers from their offices. Bidders to
please ensure that your Bank has notified an SCSB Branch in the city where Bid cum Application Form is being submitted.
8. Only the fi rst Bidder is required to sign the Bid cum Application Form /Revision Form. Thumb impressions and signatures other than in the languages specified in the Eighth Schedule to the
Constitution of India must be attested by a Magistrate or a Notary Public or a Special Executive Magistrate under official seal. Signature of Bank Account Holder is mandatory. If the first applicant
is not the account holder, ensure that the Bid cum Application Form is signed by the account holder. (Necessary revision in the Bidders undertaking and instructions will be required depending
on the jurisdiction(s) in which the sale of shares is proposed).
9. Other Instructions: a. Bids must be made only in the prescribed Bid cum Application Form. b. Bids must be completed in full, in BLOCK LETTERS in ENGLISH. Bidders should note that the
members of the Syndicate, Registered Broker, CDPs, RTAs, and/or SCSB’s will not be liable for errors in data entry due to incomplete or illegible Bid cum Application Forms. c. Ensure that all
applicable documents in support of the Bid are attached with the Application Form.
10. The applicants may note that in case the DP ID, Client ID and PAN mentioned in the Bid cum Application Form and entered into the electronic bidding systems of the Stock Exchanges do not match
with the DP ID, Client ID and PAN available in the Depository database, the Bid Cum Application Form is liable to be rejected.
11. The Equity Shares offered in the Offer have not been and will not be registered under the Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements of the Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are being offered, sold and delivered
outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdictions where such offers and sales occur.
Note : Terms used but not defi ned herein shall have the meaning assigned to such terms in the RHP.

TEAR HERE
● In case of queries related to Allotment/ credit of COMPANY CONTACT DETAILS REGISTRAR CONTACT DETAILS
Allotted Equity Shares, the Bidders should contact MAHANAGAR GAS LIMITED LINK INTIME INDIA PRIVATE LIMITED
Registrar to the Offer. Registered Office: MGL House, G-33 Block, C 13, Pannalal Silk Mills Compound
● In case of Bids submitted to the SCSBs, the Bidders Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. LBS Marg, Bhandup (West), Mumbai - 400 078
should contact the relevant SCSB. Tel: +91 (22) 6695 2941, Fax: +91 (22) 6675 6491 Tel: +91 (22) 6171 5400 Fax : +91 (22) 2596 0329
● In case of queries related to upload of Bids submitted Email: mgl.ipo@mahanagargas.com; Investor grievance email: mgl.ipo@linkintime.co.in
to the Syndicate / Sub-Syndicate / Agent / RTAs / Website: www.mahanagargas.com; Contact Person: Shanti Gopalkrishnan
Registered Brokers / CDPs, as applicable the Bidders Contact Person: Mr. Alok Mishra, Website: www.linkintime.co.in
should contact the relevant Designated Intermediary. Company Secretary and Compliance Officer SEBI Registration No.: INR 000004058

2 MAHANAGAR GAS LIMITED

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