The Indian Gas Exchange (IGX) is planning to launch its Initial Public Offering (IPO) by December 2026. The IPO will be an offer for sale by existing shareholders, aiming to raise approximately Rs 600-700 crore. Indian Energy Exchange (IEX), a major shareholder, is expected to dilute its stake from 47% to 25% as per regulations. IGX's MD and CEO, Rajesh Kumar Mediratta, confirmed the timeline and stated that IPO filings with SEBI are anticipated in the second quarter of 2026.