Indian Gas Exchange files IPO papers with Sebi; parent IEX to divest stake

Indian Gas Exchange has filed preliminary papers with Sebi for its Initial Public Offering. The proposed public issue is entirely an Offer For Sale by its promoter, Indian Energy Exchange. This move aims to enhance the company’s visibility and strengthen its brand image in the market. IGX operates a technology-enabled electronic marketplace for trading natural gas contracts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *