Indian Gas Exchange Ltd to launch IPO

The Board of Directors of Indian Gas Exchange Limited ("IGX Limited"), an associate company of Indian Energy Exchange Limited ("Company"), at its meeting held on December 02, 2025, has provided its approval to start the process of Initial Public Offering ("IPO") of the equity shares of face value of Rs. 10 each of IGX Limited. The IPO will be undertaken by way of an offer for sale by certain existing and eligible shareholders, subject to market conditions, receipt of applicable approvals, regulatory clearances and other considerations.

The size of the issue, opportune time and modalities of the issue will be decided in due course. The Company will update the exchanges of all material developments regarding the same, as and when required, as per applicable regulations.

Shares of Indian Energy Exchange Limited was last trading in BSE at Rs. 148.45 as compared to the previous close of Rs. 146.70. The total number of shares traded during the day was 1230719 in over 12518 trades.

The stock hit an intraday high of Rs. 150.50 and intraday low of 145.10. The net turnover during the day was Rs. 182324803.00.

Source : Equity Bulls

Keywords

IndianEnergyExchange INE022Q01020 IEX ElectricUtilities AssociateCompany IndianGasExchange IGX IPO OFS