I

Indian Gas Exchange Ltd.

BSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
610.05488.01
238.34202.81
848.39690.82
262.31229.94
558.25403.04
420.22307.93

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

TBA

Promoters

Indian Energy Exchange Ltd.

Book Running Lead Managers

Axis Capital Ltd.Motilal Oswal Investment Advisors Pvt Ltd

Promoter Shareholding

Pre-IPO

47.28%

Promoter stake

Offered to Public

1,67,10,000

shares

IPO Registrar

KFIN Technologies Ltd.

About the Company

We are India’s first and only authorized national level physical delivery-based gas trading exchange, providing an organized, transparent and technology-enabled marketplace for trading natural gas, (Source: CRISIL Report) in accordance with the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020, as amended (“Gas Exchange Regulations”). We cater to a broad spectrum of stakeholders across the natural gas value chain, including gas producers, gas marketing companies, city gas distribution companies, power generation companies, refineries, fertilizer companies, LNG terminal operators and industrial consumers. We provide Proprietary Members, Trading and Clearing Members, Clearing Members and Clients (collectively, “Participants”) on our Exchange access to a diverse suite of 10 standardized natural gas contracts as well as four kinds of small-scale liquefied natural gas (“ssLNG”) contracts, as of March 31, 2026. Our standardized natural gas contracts include: (i) fixed price contracts (intra-day, day-ahead, daily, weekly, weekday, fortnightly, monthly, and balance-ofmonth), and (ii) term-ahead or index-linked contracts (three-month and six-month), allowing Participants to optimize procurement and sales decisions based on market conditions. Our standardized ssLNG contracts include daily, fortnightly, monthly and balance-of-month contracts. We categorise Participants on our Exchange in the following manner: • Proprietary Members are members who can trade and clear for their own account or on account of their affiliates or associates as their clients but not on account of anyone else. • Trading and Clearing Members are members who can trade and clear only on behalf of their clients and not on their own account or on account of their affiliates or associates. • Clearing Members are members who only have clearing rights to clear and settle trades executed on our Exchange. • Clients are registered on our Exchange through a Trading and Clearing Member or Proprietary Member as a buyer/seller. They have the option to settle their financial obligations through their respective members or directly with our Exchange.

IPO FAQs

The for the Indian Gas Exchange Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.

KFIN Technologies Ltd. is the for the Indian Gas Exchange Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Indian Gas Exchange Ltd. IPO shares are proposed to be listed on BSE.

Each Indian Gas Exchange Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 47.28% of Indian Gas Exchange Ltd. before the IPO.

1,67,10,000 shares of Indian Gas Exchange Ltd. are being offered to the public in this issue.

Axis Capital Ltd. and Motilal Oswal Investment Advisors Pvt Ltd are the for the Indian Gas Exchange Ltd. IPO.

Pre-apply means placing your Indian Gas Exchange Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Indian Gas Exchange Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Indian Gas Exchange Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.