Indian Energy Exchange Limited
IEX.BO
Bombay Stock Exchange125.20
INR
+2.00
- -
ISIN
INE022Q01020
Return %
Stock
S&P500
1Y
-38.05
26.53
3Y
-18.28
76.60
5Y
5.83
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Satyanarayan N. Goel
- Full Time Employees
- 170
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- Plot No. C-001/A/A Noida India 201301
- IPO Date
- Oct 23, 2017
- Website
- iexindia.com
- Similar Companies
- Business
- Indian Energy Exchange Limited (IEX) operates India's premier electronic power trading platform, regulated by the Central Electricity Regulatory Commission, facilitating automated nationwide trading for the physical delivery of electricity, renewable energy, and certificates. Founded in 2008 and headquartered in Noida, India, the company offers core products including Day-Ahead Market for power delivery within 24 hours via double-sided closed auctions with uniform pricing; Term-Ahead Market for term-based electricity contracts; Real-Time Market for hourly delivery; Green Day-Ahead Market and Green Term-Ahead Market for renewable energy such as solar and wind; Renewable Energy Certificates representing 1 MWh from renewables; Energy Saving Certificates for verified energy savings; Cross-Border Electricity Trade with South Asian neighbors like Bangladesh and the Philippines; and capacity trading platforms. Through its wholly owned subsidiary Indian Gas Exchange (IGX), operating from hubs in Hazira, Dahej, and KG Basin, IEX enables spot and forward gas contracts. Serving over 8,100 participants across 28 states and 8 union territories—including 60-plus distribution utilities, 700-plus conventional generators, and 4,900-plus commercial and industrial consumers in sectors like metals, cement, IT, and real estate—the platform enhances price discovery, transparency, procurement flexibility, and payment security in the power sector value chain. In recent developments, IEX received Central Electricity Regulatory Commission approval in January 2025 to launch green energy markets, expanding renewable trading; completed its first cross-border power deal with Bangladesh in June 2025; initiated a real-time electricity market segment in July 2025; obtained regulatory nods in August 2025 for gas trading expansion via IGX; launched a coal trading segment; approved a Rs 200 crore share buyback in April 2025; and announced a strategic partnership with National Grid Corporation of the Philippines in March 2025 for regional power opportunities, alongside enhancements in digital trading modules and a 20% capacity increase in green energy trading. The company, which holds an approximately 85% market share as of 9MFY25, reported record trading volumes exceeding 11,233 MU in October 2025, up 16.5% year-over-year, driven by renewable certificates demand and supply liquidity. IEX continues to innovate with International Carbon Exchange (ICX) as India's first accredited issuer of global I-RECs since September 2024, aligning with India's energy transition and renewable targets.