IEX shines as its associate company files DRHP with SEBI to raise funds via IPO

Indian Energy Exchange Ltd. | Power Generation/Distribution | Power | BSE: 540750 | NSE: IEX

15 Jul 2026 Evaluate

Indian Energy Exchange is currently trading at Rs. 119.45, up by 2.35 points or 2.01% from its previous closing of Rs. 117.10 on the BSE.

The scrip opened at Rs. 117.15 and has touched a high and low of Rs. 120.60 and Rs. 117.15 respectively. So far 557045 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.95 on 16-Jul-2025 and a 52 week low of Rs. 114.50 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 120.60 and Rs. 116.30 respectively. The current market cap of the company is Rs. 10633.44 crore.

The Institutions and Non-Institutions held 44.42% and 55.58% stake respectively in the company.

Indian Energy Exchange’s (IEX) associate company -- Indian Gas Exchange (IGX) has filed a draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO).

The IPO comprises of an offer for sale of up to 16,710,000 equity shares by IEX, and remains subject to receipt of applicable approvals, market conditions, and other relevant considerations. The primary objective of the IPO is to achieve the benefits of listing its equity shares on the stock exchange. Axis Capital and Motilal Oswal Investment Advisors are the book-running lead managers to the issue.

Indian Energy Exchange is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.

Indian Energy Exch. Share Price

124.80 5.80 (4.87%)

16-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
NTPC	342.50
Tata Power	376.95
Power Grid Corpn.	280.80
Adani Power	216.65
Torrent Power	1415.00
View more..

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