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An update from Indian Energy Exchange Ltd. ( (IN:IEX) ) is now available.
Indian Energy Exchange Ltd. has announced that its associate company, Indian Gas Exchange Ltd., has received board approval to initiate the process for an Initial Public Offering (IPO). This move is aimed at offering equity shares through an offer for sale by existing shareholders, pending market conditions and necessary approvals. The decision marks a significant step for Indian Gas Exchange Ltd. in expanding its market presence and potentially increasing its capital base.
More about Indian Energy Exchange Ltd.
Indian Energy Exchange Ltd. operates in the energy sector, focusing on providing a platform for trading electricity and associated products. It is a prominent player in the Indian energy market, facilitating transparent and efficient energy trading.
Average Trading Volume: 388,493
Technical Sentiment Signal: Hold
Current Market Cap: 130.8B INR
See more data about IEX stock on TipRanks’ Stock Analysis page.