Announced Wed, 15 Jul · 11:44 IST
Associate IGX files DRHP for IPO; IEX to offload up to 1.67 cr shares via OFS
Capital Market Events View source PDF
IEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+7.1%1-day move
₹117.14
prior close
₹119.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.3+0.2+7.1+4.9+6.8+6.2+5.5+5.9————
Up moveDown movePending
AI summary
Associate company Indian Gas Exchange (IGX) has filed its DRHP with SEBI and BSE on July 14, 2026 for a proposed IPO. The offer is entirely an offer for sale of up to 1,67,10,000 equity shares (about 1.67 crore) by parent IEX, with no fresh issue mentioned. Listing is subject to regulatory approvals and market conditions.
Likely market impact
IEX monetising IGX stake via OFS-only IPO. Near-term supply overhang, but unlocks value of associate over time for IEX shareholders.