Indian Gas Exchange secures Sebi's nod to float IPO
Indian Gas Exchange Ltd has received approval from Sebi to launch an initial public offering. The proposed IPO is exclusively an offer for sale of equity shares by promoter Indian Energy Exchange Ltd. IGX aims to enhance its visibility and strengthen its brand image through this public listing. The
The Bharath News1 min readSource: ET Markets
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Indian Gas Exchange Ltd has received approval from Sebi to launch an initial public offering. The proposed IPO is exclusively an offer for sale of equity shares by promoter Indian Energy Exchange Ltd. IGX aims to enhance its visibility and strengthen its brand image through this public listing. The company has been operational since June 2020 and reported increasing revenue in recent years.
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