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News Topical, Digital Desk : You will soon be able to trade shares of the Indian Gas Exchange, just like you will on the Indian Energy Exchange. The Indian Energy Exchange announced on Wednesday that the board of directors of the Indian Gas Exchange (IGX) has decided to publicly list to raise funds through an initial public offering (IPO).
IPO process started
However, the Indian Energy Exchange has not disclosed the size of the Indian Gas Exchange IPO issue. It also hasn't shared any details regarding the timing of the IPO. According to a stock exchange filing on Wednesday, the Board of Directors of IEX's subsidiary, IGX Limited, at its meeting held on December 2, 2025, approved the initiation of the IPO process for IGX Limited's shares of face value ₹10.
Shares will be sold through an offer for sale
According to the information provided, the IPO will be conducted through an offer for sale by certain existing and eligible shareholders. However, the decision to launch the IPO will be taken subject to market conditions, applicable approvals, regulatory clearances, and other considerations.
The company will provide updated information on all significant developments to the stock exchanges as required under applicable regulations.
Launched in 2020, IGX was created to provide a transparent and efficient market for spot and forward trading of natural gas, with physical delivery hubs in Dahej, Hazira, and Kakinada.
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