Indian Gas Exchange Files DRHP with SEBI for Upcoming IPO

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Markets

15 July 2026 at 1:33 pm

Indian Gas Exchange Files DRHP with SEBI for Upcoming IPO

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Summary

Indian Gas Exchange (IGX) has filed its draft red herring prospectus (DRHP) with SEBI for a proposed IPO, which will consist entirely of an offer for sale. Parent company IEX plans to reduce its stake from 47.3% to 25% to comply with regulations, aiming for a launch by December 2026.

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