Denemek ALTIN - Özgür
IGX eyes listing by year-end, readies expansion plan
Mint Mumbai
|January 08, 2026
Indian Gas Exchange (IGX) plans to launch its initial public offering by the end of 2026, according to its top executive.
The IPO would largely be an offer for sale (OFS) for 22% stake by promoter Indian Energy Exchange Ltd, managing director and chief executive officer Rajesh Mediratta told reporters on Wednesday. "The merchant bankers are yet to be appointed for the sale process.”
IEX currently holds 47% and NSE owns 26% of IGX, while other minority shareholders include GAIL India Ltd, Oil and Natural Gas Corp. and IndiaOil Ltd, Adani Total Gas Ltd. and Torrent Gas Ltd.
IEX is required to bring down its shareholding to 25%. NSE must also sell 1% stake, which the bourse may offload during the offer or even in the pre-IPO rounds.
Bu hikaye Mint Mumbai dergisinin January 08, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Mumbai'den DAHA FAZLA HİKAYE
Mint Mumbai
PFRDA sets up panel to prepare assured NPS payout framework
The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines to enable a framework for assured payouts under the National Pension System (NPS).
1 mins
January 14, 2026
Mint Mumbai
HCLTech reports $146 mn in advanced AI revenue, up 46%
HCL Technologies
2 mins
January 14, 2026
Mint Mumbai
Why US-led Pax Silica matters for India
Pax Silica follows earlier US-led efforts such as the 2022 Mineral Security Partnership and Quad Critical Minerals Initiative.
2 mins
January 14, 2026
Mint Mumbai
Quick commerce firms to rethink 10-minute delivery
India's quick commerce companies may have to rethink their much-touted 10-minute delivery promise.
1 mins
January 14, 2026
Mint Mumbai
India pulls solder wire QCO to ease electronics production
India has scrapped a crucial quality control order (QCO) on flux-cored solder wire, used in electronic items such as televisions, mobile phones, chargers, and earphones, to support domestic manufacturing and boost exports.
1 min
January 14, 2026
Mint Mumbai
INSIDE INDIA'S STRUGGLE TO BUILD A BATTERY SUPPLY CHAIN
Battling aggressive Chinese pricing, a new wave of 'midstream' companies is trying to localize critical components
6 mins
January 14, 2026
Mint Mumbai
Founders of footwear co RedTape looking to sell stake
Indian footwear firm RedTape’s founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, as per people and a document seen by Reuters.
1 min
January 14, 2026
Mint Mumbai
Central bank autonomy must not be trifled with
Independence holds the key to long-term financial stability and economic growth. It liberates the central bank’s pursuit of pre-defined policy goals from short-term political calculations
2 mins
January 14, 2026
Mint Mumbai
Indian car sales rise 26.8% in December
Indian carmakers' sales to dealers jumped 26.8% in December, their biggest monthly rise of 2025, as tax cuts made several models more affordable and spurred demand, industry data showed on Tuesday.
1 min
January 14, 2026
Mint Mumbai
He's their daddy. Meme-stock traders rush to Powell's defense.
When Jerome Powell went public with his defense of the Federal Reserve's independence, the central bank’s chair found an unlikely army standing behind him: the meme-stock crowd.
3 mins
January 14, 2026
Listen
Translate
Change font size