Indian Gas Exchange Limited Unlisted Share
₹475▲9.20%(40.00)
About the company
Indian Gas Exchange Limited (IGX) is India’s first national level, physical delivery based gas trading exchange. In 2020, it started operating a technology-enabled gas trading platform where buyers and sellers trade natural gas in the form of spot and forward contracts, enabling transparent price discovery of gas.
Indian Gas Exchange Limited is an unlisted company, which has filed a Draft Red Herring Prospectus (DRHP) with SEBI, in regard to an Initial Public Offer (IPO). According to the DRHP, the IPO consists of an Offer for Sale by Indian Energy Exchange. The Offering is subject to approval from the regulator and other necessary conditions.
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AAFCI4600J |
| ISIN number | INE0BI301012 |
Figures in cr ·
Financials
| P&L Statement | 2026Latest | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | 61 | 48.8 | 34.8 | 42.7 |
| EBITDA | 34.8 | 26.1 | 14.2 | 21 |
| OPM | 57.05 | 53.48 | 40.8 | 49.18 |
| PBT | 55.8 | 40.5 | 30.7 | 37.6 |
| PAT | 42 | 31 | 23 | 28 |
| EPS | 5.68 | 4.19 | 3.11 | 3.79 |
Shareholding Pattern
| Holder | Percentage |
|---|---|
| Indian Energy Exchange Limited | 47.96% |
| NSE Investments Limited | 25.98% |
| Others | 26.06% |
Leadership
Frequently asked questions
Common questions on Indian Gas Exchange Limited Unlisted Share—tap a row to read the answer.
Q.1What are Indian Gas Exchange Limited unlisted shares?
Indian Gas Exchange Limited unlisted shares are the company’s equity stock that is not currently traded on NSE or BSE. The securities are bought and sold privately in an unlisted-share market. Investors can consider the paper in the context of the company’s current IPO process.
Q.2How can I buy Indian Gas Exchange unlisted shares?
Investors can buy Indian Gas Exchange unlisted shares from any third party or company that facilitates purchases of unlisted securities against availability from their end. The process usually begins with completing the KYC process which is then followed by verifying whether there are any shares on hand that can be bought at the current indicative price. Upon investor confirmation a procedure to complete the payment and requisite share alteration formalities is executed.
Since trading in unlisted shares does not happen via NSE or BSE it is advisable to complete the due diligence on the seller, transaction terms, number of shares held by a seller and applicable charges before transacting.
Q.3What is the current Indian Gas Exchange unlisted share price?
The Indian Gas Exchange unlisted share price is established in the private market and not through continuous trading at NSE or BSE. The indicative price may change according to the demand and supply, company performance, business developments, investor sentiment, valuation expectations and developments related to the proposed IPO. Therefore, the unlisted share price should not be seen as fixed market price. Investors should always check the latest indicative price and the transaction terms prior to buying and selling Indian Gas Exchange shares.
Q.4Is Indian Gas Exchange Limited a pre-IPO company?
Indian Gas Exchange Limited is an IPO opportunity on the grounds that the business has commenced with a proposal for public offering.
However, investors should differentiate between unlisted companies and businesses with a recognized listing date. The process of IPOs is always reliant on regulatory approvals, market conditions and other applicable requirements. The final size, pricing, timing and listing details of the IPOs must therefore be evaluated after they have been officially confirmed through the company's offer documents and regulatory disclosures.
Q.5How can I invest in Indian Gas Exchange pre-IPO shares?
Investors wanting to participate in Initial Public Offering (IPO) of Indian Gas Exchange can purchase shares from the private unlisted market via an eligible intermediary, if and when available. Prior to investing, it is important that investors research the company's business model, financials, valuation, shareholding pattern and proposed IPO documents. Additionally, investors should compare the private-market valuation with the disclosures in the filings, not expectations from the public market. Given that these are pre-IPO, investors should keep in mind the liquidity and price fluctuations for the shares as well.
Q.6What is the minimum investment required for Indian Gas Exchange unlisted shares?
The base minimum investment for Indian Gas Exchange unlisted shares depends upon current private-market price, quantity available and transaction terms offered by the intermediary. There isn't one standard minimum investment applicable to all private transactions, as would be the case with an exchange-listed stock. The total investment can therefore vary depending on the number of shares purchased. Investors should make sure about the current share price, minimum quantity, brokerage or transaction charges and other applicable costs before placing an order.
Q.7How can I sell Indian Gas Exchange unlisted shares?
Indian Gas Exchange unlisted shares can generally be sold by finding an eligible buyer or intermediary. As IGX shares are not listed on NSE or BSE, the sale process may take longer than selling a listed company’s stock. In addition, the price of the shares may depend on factors such as the availability of buyers, private-market demand and the number of shares being sold. Investors should also make sure that all necessary demat, KYC and share-transfer formalities are completed when selling their unlisted shares.
Q.8What is the lock-in period for Indian Gas Exchange unlisted shares?
The lock-in period for the shares of Indian Gas Exchange depends on the manner in which the shares are acquired, as well as various rules and regulations relating to the proposed listing of the company. Therefore, shares acquired before the initial public offering (IPO) may be subject to specific restrictions and conditions after the IPO, depending on the category of the shareholder and various rules framed by the Securities and Exchange Board of India. Therefore, prior to assuming that any shares acquired before the IPO can be sold immediately on the commencement of the trading on the stock exchanges, investors need to go through the final offer document and disclosure documents pertaining to the IPO and the proposed listing of the company.
Q.9Is buying Indian Gas Exchange unlisted shares legal in India?
Yes, shares can be traded on an unlisted Indian company via legal ways. Such transactions should be conducted through official channels and should be documented and legalized according to the law. Prior to the transaction, it is advisable to complete all KYC and make sure that your shares are kept in a demat account and transferred accordingly. Also, it is essential to understand the terms of the transaction and the risks of unlisted shares.
Q.10Why does the Indian Gas Exchange unlisted share price change?
The Indian Gas Exchange unlisted share price can change due to several factors, including demand and supply in the private market, company financial performance, business growth, investor interest, valuation expectations and developments related to its proposed IPO. Changes in the broader natural gas and energy market may also influence investor expectations about the company's business. Because there is no continuous NSE or BSE price discovery, private-market prices can move differently from listed securities.
Q.11What does Indian Gas Exchange Limited do?
Indian Gas Exchange Limited is a technology-enabled gas exchange in India that provides a marketplace for the trading of natural gas. The exchange enables gas trading through spot and forward contracts with physical delivery of the fuel. Indian Gas Exchange’s business model is geared towards connecting natural-gas buyers and sellers and providing a transparent pricing mechanism for the market. The company is regulated by the relevant authority overseeing gas exchanges and has laid out a network of delivery points for trading gas across the country.
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