Why is Indian Gas Exchange (IGX) filing for an IPO?

Indian Gas Exchange (IGX) is filing for an IPO so that its parent company, Indian Energy Exchange (IEX), can reduce its stake in IGX to comply with shareholding rules.

How many shares will IEX sell in the IGX IPO, and where will IGX be listed?

IEX will sell up to 16.7 million shares in the IGX IPO, and IGX is proposed to be listed on the BSE, according to its draft prospectus.

Indian Gas Exchange Files for IPO as Parent IEX Looks to Reduce Stake

Jul 14, 2026

Indian Gas Exchange (IGX) filed for an IPO on the BSE as parent Indian Energy Exchange (IEX) cuts its stake to meet shareholding rules. IEX plans to sell up to 16.7 million shares in the offering.

reuters

2026-07-14

Indian Gas Exchange Files for IPO as Parent IEX Looks to Reduce Stake

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