Incorporated in 2003, Multi Commodity Exchange of India Ltd (MCX) is India based electronic commodity futures exchange. MCX provides online trading facility along with clearing and settlement operations for commodity futures across India.
There are five officially recognized electronic multi-commodity national exchanges in India including MCX, NCDEX, NMCE, ICEX and ACE. These five national multi-commodity exchanges accounted for 99.5% of the turnover of commodity futures contracts traded in India. MCX is the largest among these and have above 80% of the market share of the Indian commodity futures exchange industry.
MCX allows trading in more than 50 commodities across sectors like bullion, metals, energy, weather, and agricultural products. The Exchange is the world's largest exchange in Silver, the second largest in Gold, Copper and Natural Gas and the third largest in Crude Oil futures, with respect to the number of futures contracts traded.
As of December 31, 2010, MCX has more than 2,107 registered members operating through over 180,000 trader work stations in over 1,139 cities across India. MCX emerged as the 5th largest exchange in the world.
Exchange wise market share of financial year 2010:
Multi Commodity Exchange of India Limited (MCX) - 82.3%
National Commodity and Derivatives Exchange Limited (NCDEX) - 11.8%
National Multi Commodity Exchange of India Limited (NMCE) - 2.9%
Indian Commodity Exchange Limited (ICEX) - 1.8%
ACE Derivatives & Commodity Exchange Limited (ACE) - 0.1%
Others - 1.1
| Particulars | For the year/period ended (in Rs. Million) | |||
| 31-Dec-11 | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | |
| Total Income | 4,745.02 | 4,475.60 | 4,937.01 | 3,658.44 |
| Profit After Tax (PAT) | 2,205.34 | 1,730.97 | 2,207.26 | 1,574.19 |
Read MCX Annual Reports
The objects of the offer are:
1. To sale 6,427,378 Equity Shares by the Selling Shareholders &
2. To achieve the benefits of listing on the Stock Exchange.
| IPO Opening Date | Feb 22, 2012 |
| IPO Closing Date | Feb 24, 2012 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹860 to ₹1032 per equity share |
| Market Lot | 6 Shares |
| Min Order Quantity | 6 Shares |
| Listing At | BSE |
| Issue Size | 6,427,378 Eq Shares of ₹10 (aggregating up to ₹663.31 Cr) |
The MCX IPO market lot size is 6 shares. A retail-individual investor can apply for up to 32 lots (192 shares or ₹198,144).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6 | ₹6,192 |
| Maximum | 32 | 192 | ₹198,144 |
CRISIL has assigned an IPO Grade 5 to MCX IPO. This means as per CRISIL, company has 'Strong Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read MCX IPO Report
The MCX IPO is subscribed 54.13x times on Feb 24, 2012 20:30. The public issue subscribed 24.14x in the retail category, 49.12x in the QIB category, and 150.35x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| QIB | 49.12x |
| NII | 150.35x |
| RII | 24.14x |
| Employee | 0.18x |
| Total | 54.13x |
| Listing Date | Friday, March 9, 2012 |
| BSE Script Code | 534091 |
| NSE Symbol | MCX |
| Listing In | B Group of Securities |
| ISIN | INE745G01035 |
| IPO Price | ₹1032 per equity share |
| Face Value | ₹10 per equity share |
|
|
|
Multi Commodity Exchange of India Ltd
Exchange Square,
Suren Road, Chakala,
Andheri (East), Mumbai 400 093
Phone: (91 22) 6731 8888
Email: mcxofs@mcxindia.com
Website: http://www.mcxindia.com
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: mailmanager@karvy.com
Website: https://karisma.kfintech.com/
MCX IPO is a main-board IPO of 6,427,378 equity shares of the face value of ₹10 aggregating up to ₹663.31 Crores. The issue is priced at ₹860 to ₹1032 per equity share. The minimum order quantity is 6 Shares.
The IPO opens on Feb 22, 2012, and closes on Feb 24, 2012.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.
The MCX IPO opens on Feb 22, 2012 and closes on Feb 24, 2012.
MCX IPO lot size is 6 Shares and the minimum order quantity is 6 Shares.
You can apply in MCX IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for MCX IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the MCX IPO allotment status.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Mentor (500+ Posts, 100+ Likes)