The Board of Directors of Indian Energy Exchange (IEX) has approved the Initial Public Offering (IPO) of its associate company, IGX Limited (Indian Gas Exchange Limited). The IPO will involve an offer for sale of equity shares with a face value of ₹10 each. The IPO is subject to market conditions, regulatory approvals, and necessary clearances.
IGX Limited IPO Approval
The Board of Directors of Indian Energy Exchange (IEX) has approved the Initial Public Offering (IPO) of Indian Gas Exchange Limited (“IGX Limited”), an associate company of IEX. The approval was granted during a board meeting held on December 02, 2025.
IPO Details
The IPO will involve an offer for sale of equity shares. The shares have a face value of ₹10 each. The IPO is subject to market conditions, receipt of applicable approvals, regulatory clearances, and other considerations. The size, opportune time and modalities of the issue will be decided in due course. The company will update the exchanges of all material developments.
Source: BSE
