Indian Gas Exchange Approves IPO Plan to Raise Funds

Indian Gas Exchange (IGX), an associate company of the Indian Energy Exchange (IEX), has decided to go public to raise funds through an Initial Public Offering (IPO). The decision was made by the board of IGX during its meeting on December 2, 2025. The IPO will consist of equity shares with a face value of ₹10 each. It will be conducted through an offer for sale by existing shareholders, subject to market conditions, regulatory approvals, and other considerations.