Indian Gas Exchange’s IPO will be entirely an offer for sale by Indian Energy Exchange, which holds over 47% of the company. IGX will receive no proceeds from the issue, as IEX looks to reduce its stake to 25%.
Indian Gas Exchange’s IPO will be entirely an offer for sale by Indian Energy Exchange, which holds over 47% of the company. IGX will receive no proceeds from the issue, as IEX looks to reduce its stake to 25%.