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Multi Commodity Exchange of India Ltd IPO (MCX IPO) Detail

Feb 22, 2012 - Feb 24, 2012

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

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-Dec-1131-Mar-1131-Mar-1031-Mar-09
Total Income4,745.024,475.604,937.013,658.44
Profit After Tax (PAT)2,205.341,730.972,207.261,574.19

Read MCX Annual Reports

Objects of the Issue:

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.

MCX IPO Details

Issue OpenFeb 22, 2012 - Feb 24, 2012
Issue TypeBook Built Issue IPO
Issue Size6,427,378 Eq Shares of Rs 10
(aggregating up to Rs 663.31 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 860 - Rs 1032 Per Equity Share
Market Lot6 Shares
Min Order Quantity6 Shares
Listing AtBSE

MCX IPO Grading

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

Check IPO Ratings from other stock analysts.

MCX IPO Subscription Status (Bidding Detail)

MCX IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

2,162,083

926,607

2,162,082

250,000

5,500,772

Feb 24, 2012 20:30

49.12x

150.35x

24.14x

0.18x

54.13x

MCX IPO Prospectus

MCX IPO Rating

1280
3.5
Rating:Rated 3.5 stars

Vote Here ...

MCX IPO Listing Date

Listing DateFriday, March 9, 2012
BSE Script Code534091
NSE SymbolMCX
Listing InB
ISININE745G01035
Issue PriceRs 1032 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 1,032.00
Rs 1,387.00
Rs 1,282.10
Rs 1,426.00
Rs 1,297.05
6,018,387
NSE
Rs 1,032.00
Rs 1,408.00
Rs 1,282.20
Rs 1,428.55
Rs 1,296.70
7,941,567

MCX IPO Reviews / Ratings

Capital Market Review
ARM Research - Subscribe.
KM Global - Subscribe.
Nirmal Bang - Subscribe.
Aditya Birla Money - Good investment opportunity.
Mehta Equities - Good addition to portfolio.
Angel Broking - Attractive.
KRChoksey - Apply for listing gain.
Prabhudas Lilladher - Apply for 20 - 30% listing gain.
Microsec - MCX's valuation looks attractive.
Swastika Investmart - Excellent addition to portfolio.
Dilip Davda - Subscribe

Company Contact Information

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

MCX IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: mailmanager@karvy.com
Website: https://karisma.karvy.com/

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MCX IPO Review / Comments

C.A
685. C.A  May 21, 2012 17:40 I Like It. | Report Abuse
Best buy at 550.
gundu anna
684. gundu anna  May 19, 2012 21:33 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
long time before, i told all IPO investors to exit MCX, but lot of people where telling to buy for target of 1800-2000-3000. See where it is now. I told u can buy below IPO price..... only thing we have to do is to wait for opportune moment.

Good luck
C.A
683. C.A  May 19, 2012 20:52 I Like It. | Report Abuse
where SAIL and maney others steel stock are avlabel at very low rate Rastriya ispath fairvalue not more than 6, 7 rs.
C.A
682. C.A  May 17, 2012 08:55 I Like It. | Report Abuse
Ipo/fpo investor kisi Nautanki say kam nahi hi, hastay hua paisa lutatay hi rotay chalay jatay hi.
C.A
681. C.A  May 15, 2012 18:57 I Like It. | Report Abuse
I think indian ipo market investors are worlds folish investors thay look rating,PSU,fandamentals,pramotars each ,but 95% ipo/fpo are trading upto 90% discount .
gundu anna
680. gundu anna  Apr 9, 2012 16:37 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
MCX story is over now. Sell and look for other opportunities.
ahmed saeed binmahfooz
679. ahmed saeed binmahfooz  Mar 29, 2012 12:28 I Like It. | Report Abuse
pls suggest me
Ravimba
678. Ravimba  Mar 27, 2012 14:47 I Like It. | Report Abuse
Subscription as of 2 PM:
Total - 2.07 times
Retail Portion - 1.97 times
soumnath
677. soumnath  Mar 23, 2012 11:15 I Like It. | Report Abuse
Where is the talk of Rs 2000 circuit level after its opening ??? All are misguiding & making small investor fool in this forum....
RAJESH SHARMA
676. RAJESH SHARMA  Mar 16, 2012 08:20 I Like It. | Report Abuse
as soon as sell it. exit from it public not sell yet.
Shah Chintan
675. Shah Chintan  Mar 14, 2012 11:30 I Like It. | Report Abuse
Sebi v/s mcx- sx
HC RULES IN FAVOUR OF MCX - SX

MANNER OF INCREASE
& maintaining public shareholding
AJEET P SINGH
675.1. AJEET P SINGH  Mar 14, 2012 19:37 I Like It. | Report Abuse
It seems that MCX is getting consolidated at 1250 - 1350 range.

If it moves above 1350 then it is sure BUY share. (I will)

Other wise wait and watch.
Big bull
674. Big bull  Mar 13, 2012 15:16 I Like It. | Report Abuse
613 MR.ABHAYJI FEKO MAT
ABHAY KUMAR
673. ABHAY KUMAR  Mar 13, 2012 13:51 I Like It. | Report Abuse
i have allotted only 8 stock against Rs.2,00,000, so on listing date i buy 200 at Rs. 1409. Any body please suggest "main kuchh paunga ya sara gawaunga"
romy jain
672. romy jain  Mar 13, 2012 12:15 I Like It. | Report Abuse
hold for 3 day target 1450. remember my word.
Imran Kadiwala
672.1. Imran Kadiwala  Mar 13, 2012 12:24 I Like It. | Report Abuse
Ya I also think so.. Thanks for the suggestion...lets see.!! hope for the best..:)
gundu anna
672.2. gundu anna  Mar 13, 2012 18:17 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Ok great, you can sell at 1450.
Imran Kadiwala
671. Imran Kadiwala  Mar 13, 2012 11:42 I Like It. | Report Abuse
MCX towards new high for today @ 1295, around 5% up.. any suggestions ?? hold or sold ???
Dipaaak
670. Dipaaak  Mar 13, 2012 11:22 I Like It. | Report Abuse
Today i sold MCX @1287!!!
Thanks to One & All

Vip jpr,
Vishal Sharma,
santonu,
S.kumars,
gundu anna
Vishal Sharma
670.2. Vishal Sharma  Mar 13, 2012 11:41 I Like It. | Report Abuse
good job done deepak!!!
S.kumars
670.3. S.kumars  Mar 13, 2012 12:53 I Like It. | Report Abuse
relifman depaaak, give stoploss of 1303 , thinking that mcx may get buying fride today!!
Mas
669. Mas  Mar 13, 2012 09:04 I Like It. | Report Abuse
Real Game will start in MCX after all retailers exit at this price or around 1150/-. Take any IPO true valuation will soon emerge as selling pressure eases which will in coming couple of says.
Vip jpr
669.1. Vip jpr  Mar 13, 2012 11:16 I Like It. | Report Abuse
Seems true. Even now it's around 5% + from yesterday's closing price.
AJEET P SINGH
669.2. AJEET P SINGH  Mar 14, 2012 19:32 I Like It. | Report Abuse
Hi
I think it will fallow the same trend as Jubillent and Lovable.
i.e. poor listing so that retail investers sell their shares at nominal price
afterward it will see very very huge return.
I will hold it unless it goes below issue price.
aps

gundu anna
668. gundu anna  Mar 12, 2012 17:27 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Short term inverstors and punters must exit MCX now. MAy go below issue price soon.
SUNRISE
667. SUNRISE  Mar 12, 2012 16:36 I Like It. | Report Abuse
ANY ONE PLS TELL ABOT MCX ECS RECEIVE OR NOT PNB BANK
vasu devan
667.1. vasu devan  Mar 12, 2012 18:36 I Like It. | Report Abuse
have recd their refund cheques today by post/courier
harish bhardwaj
666. harish bhardwaj  Mar 12, 2012 15:54 I Like It. | Report Abuse
mere father ne mcx ipo bhara tha lakin galti se a.c not wrong bhar thiya tha. jish ke reson se refund nahi mila. inquiry karne par(karvy me) ye batya gaya ki wrong a.c no likhne ke reson se refund cheque se milaga.can any one tell me ab me kya karo?
STAR IPO KING
666.1. STAR IPO KING  Mar 12, 2012 16:45 I Like It. | Report Abuse
wait and respect .share is nothing.



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