Associate IGX files DRHP for IPO; IEX to offload up to 1.67 cr shares via OFS

Capital Market Events View source PDF Explain this filing

IEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹117.14

prior close

₹119.60

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.7%+0.9% vs market

Capital Markets peers, median of 63sector · industry level+0.1%+1.6% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.6 pts more than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.4

15m

+0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+0.7+0.9+0.1+1.6

Next day

+7.1+0.7+6.3-0.3+7.4

+4.9+0.2+4.7-0.2+5.0

+6.8+0.3+6.5+0.2+6.6

+6.2+0.7+5.5-0.5+6.7

+5.5-0.6+6.1-1.1+6.5

+5.9-2.1+7.9-1.7+7.6

15d

+10.6+1.9+8.7-2.4+13.0

+7.0+1.9+5.1-1.0+8.0

-4.4-0.5-3.9-4.2-0.2

-8.1-1.9-6.2-7.2-1.0

UpDownMarket · Nifty Smallcap 250Sector · Capital Markets peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.