Two Indian Gas Companies Plan IPOs

Two Indian companies, Indian Gas Exchange (IGX) and Axiom Gas Engineering, are planning to go public by selling shares to the public for the first time.

IGX, which helps people buy and sell natural gas, is aiming to launch its IPO by the end of 2026.

Axiom Gas Engineering, which sells Auto LPG, plans to open its IPO in the last week of January 2026.

IGX is owned by several big companies and trades a lot of gas across India.

Axiom operates many gas stations in different states and will use the money from its IPO to improve its business and pay off some debts.

The exact details of the IPOs, like how much money they will raise, are still being decided.