<h1>Indian Gas Exchange Files DRHP for IPO; Indian Energy Exchange Offers Shares</h1>
Indian Gas Exchange Limited (IGX) has filed a Draft Red Herring Prospectus (DRHP) in connection with its proposed Initial Public Offer (IPO). The filing was made on July 14, 2026.
The IPO pertains to the equity shares of IGX. As part of this offering, Indian Energy Exchange Limited (IEX), an associate company of IGX, has offered for sale up to 16,710,000 equity shares.
The offer is subject to several conditions, including the receipt of applicable approvals, current market conditions, and other relevant considerations.
IEX Stock Price Movement
Shares of Indian Energy Exchange Limited are edging higher to ₹119.61 as of 11:47 AM today, gaining 2.17% in live trading. The stock trades within its day's range, which spans from a low of ₹117.50 to a high of ₹120.30, with nearly 2.8 million shares having traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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