Indian Gas Exchange Limited Unlisted Share Price
Indian Gas Exchange Limited unlisted share price is ₹475 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 53 shares), the same for every company. Sector: Financials. Status: DRHP filed with SEBI, IPO awaited.
All unlisted share prices: dated indicative prices for every company the desk tracks.
Updated 17 Oct 2026, 22:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; Indian Gas Exchange Limited’s indicative price is ₹475 per share as of 17 Oct 2026, a lot of 53 shares.
Key facts
- Indicative price
- ₹475 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 53 shares
- Sector
- Financials
- DRHP
- Filed with SEBI on 14 Jul 2026
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 17 Oct 2026, 22:10 IST
Indicative and dated. BuyUnlistedShares deals as principal.
Buying at a glance
- Minimum ticket
- ₹25,000
- Price shown
- Indicative, dated 17 Oct 2026
- Delivery
- Shares are credited to your demat account
In plain words
- Lock-in if it lists
- Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
- Demat
- Yes. ISIN INE0BI301012: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
- IPO status
- DRHP filed with SEBI on 14 Jul 2026; the IPO has not opened yet.
Facts only, not a rating or a recommendation.
Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.
Indicative move: +13.6% over 3 months.
Key figures
| Market cap | ₹3,068 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 53 |
| P/E ratio | 83.63x |
| ROE | 20.98% |
| Book value | ₹21.33 |
| Face value | ₹10 |
| 52-week high | ₹475 |
| 52-week low | ₹398 |
| ISIN | INE0BI301012 |
| Dividend yield | 0% |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | — | 34.9 | 48.8 |
| PAT | — | 23.1 | 30.9 |
| EPS (₹) | — | 3.11 | 4.17 |
About the company
Indian Gas Exchange Limited (IGX) operates India's first and only automated, screen-based trading platform dedicated to the physical delivery of natural gas. Authorised by the Petroleum and Natural Gas Regulatory Board (PNGRB), the exchange brings buyers and sellers of natural gas together on a neutral marketplace, enabling transparent price discovery, standardised contracts and flexible delivery…
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registry
- ISIN: INE0BI301012
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U74999DL2019PLC357145 |
|---|---|
| Incorporated | 2019 |
| ISIN | INE0BI301012 |
| Face value | ₹10 |
| Registered office | 1st Floor, Unit No. 1.14(b), Avanta Business Centre, Southern Park, D-2, District Centre, Saket, New Delhi, South Delhi 110017, Delhi, India |
| Shares outstanding | 73,93,30,50,739 |
| Lot size | 53 shares |
| Minimum units | 25 |
| DRHP | Filed · 14 Jul 2026 |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 vs FY25 |
|---|---|---|---|---|---|---|
| Revenue | 11 | 42.7 | 34.85 | 48.8 | 61 | +25% |
| EBITDA | — | 21 | 14.2 | 26.1 | 34.8 | +33.3% |
| Profit before tax | — | 37.6 | 30.7 | 40.5 | 55.8 | +37.8% |
| Profit after tax | — | 28 | 23.05 | 30.95 | 42 | +35.7% |
| EPS (₹) | — | 3.79 | 3.11 | 4.17 | 5.68 | +36.2% |
| Operating margin | — | — | 40.6% | 53.2% | — | — |
| Net margin | — | — | 66.1% | 63.4% | — | — |
| Share capital | — | — | 73.9 | 73.93 | — | — |
| Reserves & surplus | — | — | 42.75 | 73.78 | — | — |
| Net worth | — | — | 116.65 | 147.71 | — | — |
| Fixed assets | — | — | 3.29 | 2.9 | — | — |
| Trade receivables | — | — | 5.91 | 2.18 | — | — |
| Trade payables | — | — | 121.76 | 102.31 | — | — |
| Cash from operations | — | — | −189.8 | 3.3 | — | — |
| Cash from investing | — | — | 187.6 | −4.4 | — | — |
| Cash from financing | — | — | −1 | −1.2 | — | — |
| Net cash generated | — | — | −3.2 | −2.3 | — | — |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹475 | dealer reference, 17 Oct 2026 |
| Market cap | ₹3,068 Cr | as recorded |
| P/E | 83.63x | price ÷ EPS ₹5.68 (FY26) |
| P/B | 22.27x | price ÷ book value ₹21.33 |
| EPS | ₹5.68 | per share, FY26 |
| Book value | ₹21.33 | per share, latest books |
| RoE | 20.98% | return on equity, latest FY |
| Debt / equity | 0 | latest balance sheet |
| Dividend yield | 0% | at the indicative price |
| Face value | ₹10 | per share |
| 52-week range | ₹398 – ₹475 | 144 dated quotes, last 12 months |
| Shares outstanding | 73,93,30,50,739 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Others | Indian Energy Exchange (iex) | 47.96% |
| Others | NSE Investments Limited | 25.98% |
| Public | Public / Others (incl. Gail, Ongc, Iocl, Adani Total Gas, Torrent Gas) | 26.06% |
Public 26.06% · Others 73.94%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Rajesh Kumar Mediratta | Managing Director & CEO | — |
| Prof. R. Vaidyanathan | Chairman & Independent Director | — |
| Deepak Mehta | Chief Business Officer | — |
| Deepak Sonthaliya | Chief Financial Officer | — |
| Gautam Dalmia | Director | — |
| Neeraj Chandra | Director | — |
| Bharathi Sivaswami Sihag | Director | — |
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Apr 2026 | Other | FY26 results: record gas volume of 76.8 million MMBtu, up 28% YoY; PAT ₹41.9 cr, up 35% — IGX reported its highest-ever traded volume of 76.8 million MMBtu in FY26, a 28% year-on-year increase, with 1,924 trades executed. | — | Desk note |
| Apr 2026 | Other | NSE sells ~1% stake in IGX to comply with PNGRB norm, cutting holding to 25% — The National Stock Exchange offloaded about 1% of Indian Gas Exchange to align with Petroleum and Natural Gas Regulatory Board norms that cap any single entity at 25% shareholding, bringing NSE's stake down to 25%. | — | Desk note |
| Jan 2026 | Drhp | IGX targets IPO by December 2026; DRHP filing planned, IEX to dilute stake to 25% — MD and CEO Rajesh Kumar Mediratta said on 7 January 2026 that IGX plans to launch its IPO by December 2026, with a draft red herring prospectus to be filed with SEBI. | — | Desk note |
| Jan 2026 | Other | IGX sets goal to roughly quadruple gas trading volumes by 2030 — IGX outlined a target to expand gas trading volumes nearly fourfold by 2030 and to capture around 7% of India's natural gas consumption, up from about 2.8%, citing expanding city gas distribution networks. | — | Desk note |
| Jan 2025 | Other | IGX signs MoU with Austria's Central European Gas Hub (CEGH) on gas and green-gas markets — IGX and Central European Gas Hub AG signed a Memorandum of Understanding to collaborate on developing natural gas and renewable gas markets, including hydrogen, biomethane and e-methane, and related commodity… | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Indian Gas Exchange Limited annual report 2024-25 (PDF)
- Indian Gas Exchange Limited annual report 2023-24 (PDF)
- Indian Gas Exchange Limited annual report 2022-23 (PDF)
Frequently asked questions
What does Indian Gas Exchange Limited do?
Indian Gas Exchange Limited (IGX) runs India's first PNGRB-authorised automated, screen-based exchange for trading physically delivered natural gas. It offers standardised spot and forward contracts that let buyers and sellers such as industrial users, city gas distributors and traders transact gas with transparent price discovery across multiple delivery hubs.
Is Indian Gas Exchange listed, and how can someone buy its unlisted shares?
IGX is currently unlisted and is not traded on the NSE or BSE main board; its board has approved steps toward a potential IPO indicated for around December 2026. Transfers happen demat-to-demat through NSDL/CDSL depository participants.
What determines the indicative price of Indian Gas Exchange unlisted shares?
The indicative price reflects supply and demand among private buyers and sellers and is not set by a stock exchange. It is influenced by the company's financial performance, sector outlook for natural gas, news around its expected IPO, comparable exchange valuations and overall sentiment toward pre-listing companies. Quoted figures are indicative only and can change frequently.
What are the key fundamentals of Indian Gas Exchange Limited?
IGX was incorporated in 2019, is headquartered in New Delhi, and carries CIN U74999DL2019PLC357145 and ISIN INE0BI301012 with a face value of ₹10 per share. It operates an asset-light exchange model, reports modest revenue with low leverage, and counts the listed Indian Energy Exchange as its largest shareholder alongside gas-sector and market-infrastructure participants. These details are factual data points, not a recommendation.
What is the Indian Gas Exchange Limited unlisted share price today?
The indicative over-the-counter reference price is ₹475 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Indian Gas Exchange Limited listed on a stock exchange?
Not yet. The company has an IPO in progress: DRHP filed. Until listing, shares change hands over the counter and settle into your demat account.
What is the minimum investment in Indian Gas Exchange Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Indian Gas Exchange Limited?
INE0BI301012. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Indian Gas Exchange Limited unlisted shares?
Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, the paperwork list and the demat steps, and the shares settle demat to demat into your own account.
Is there a lock-in if Indian Gas Exchange Limited lists?
Pre-IPO shareholders other than promoters are generally locked in for six months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.
Sources
- Indian Gas Exchange Limited annual report 2024-25 · FY 2024-25 · testwebcms.igxindia.com
- Indian Gas Exchange Limited annual report 2023-24 · FY 2023-24 · testwebcms.igxindia.com
- Indian Gas Exchange Limited annual report 2022-23 · FY 2022-23 · testwebcms.igxindia.com
- Draft offer document on record · 14 Jul 2026 · sebi.gov.in
- BuyUnlistedShares indicative price series for Indian Gas Exchange Limited, dated daily · since 2 Apr 2026 (144 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Indian Gas Exchange Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/indian-gas-exchange-limited, as of 17 Oct 2026.
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Enquire to buy Indian Gas Exchange Limited · Sell a holding
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Before you buy: guides
- How to evaluate an unlisted company before investing
- How Unlisted Share Prices Are Discovered When There Is No Live Order Book
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- Can an NRI invest in unlisted shares in India?
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