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

February 22, 2012 - February 24, 2012

MCX IPO is a book built issue of Rs 663.31 crores.

MCX IPO bidding started from February 22, 2012 and ended on February 24, 2012. The shares got listed on BSE on March 9, 2012.

MCX IPO price band is set at ₹860 to ₹1032 per share. The minimum lot size for an application is 6 Shares. The minimum amount of investment required by retail investors is ₹6,192.

Citigroup Global Markets India Private Limited, Edelweiss Financial Services Ltd and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the MCX IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to MCX IPO RHP for detailed information.

MCX IPO Details

IPO Date February 22, 2012 to February 24, 2012
Listing Date March 9, 2012
Face Value ₹10 per share
Price Band ₹860 to ₹1032 per share
Lot Size 6 Shares
Total Issue Size6,427,378 shares
(aggregating up to ₹663.31 Cr)
Issue Type Book Built Issue IPO
Listing At BSE

MCX IPO Reservation

MCX IPO offers 5,500,772 shares. 2,162,083 (39.31%) to QIB, 926,607 (16.85%) to NII, 2,162,082 (39.31%) to RII, 250,000 (4.54%) to employees. 360,347 RIIs will receive minimum 6 shares and (sNII) and (bNII) will receive minimum 198 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered2,162,083 (39.31%)NA
NII (HNI) Shares Offered926,607 (16.85%)
Retail Shares Offered2,162,082 (39.31%)360,347
Employee Shares Offered250,000 (4.54%)NA
Total Shares Offered5,500,772 (100%)

MCX IPO Lot Size

Investors can bid for a minimum of 6 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6 ₹6,192
Retail (Max) 32 192 ₹198,144
Lot Size Calculator

About Multi Commodity Exchange of India Ltd

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)
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 (MCX IPO Objectives)

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 Review (Apply)

[Dilip Davda]  

Strongly recommended

Read detail review...

MCX IPO Subscription Status (Bidding Detail)

The MCX IPO is subscribed 54.13 times on February 24, 2012 8:30:00 PM. The public issue subscribed 24.14 times in the retail category, 49.12 times in the QIB category, and 150.35 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

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

MCX IPO Prospectus

MCX IPO Rating

Rating:Rated 3.5 stars
Vote Here ...

MCX IPO Listing Details

Listing Date March 9, 2012
BSE Script Code 534091
NSE Symbol MCX
ISIN INE745G01035
Final Issue Price ₹1032 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Multi Commodity Exchange of India Ltd Contact Details

Multi Commodity Exchange of India Ltd
Exchange Square,
Suren Road, Chakala,
Andheri (East), Mumbai 400 093
Phone: (91 22) 6731 8888

MCX IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000


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 share. The minimum order quantity is 6 Shares.

The IPO opens on February 22, 2012, and closes on February 24, 2012.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

The MCX IPO opens on February 22, 2012 and closes on February 24, 2012.

MCX IPO lot size is 6 Shares, and the minimum amount required is ₹6,192.

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, Nuvama, 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.

The MCX IPO listing date is on March 9, 2012.
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685. C.A |   Link |  Bookmark |May 21, 2012 6:40:53 PM
Best buy at 550.
684. gundu anna |   Link |  Bookmark |May 19, 2012 10:33:25 PM (500+ 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
683. C.A |   Link |  Bookmark |May 19, 2012 9:52:35 PM
where SAIL and maney others steel stock are avlabel at very low rate Rastriya ispath fairvalue not more than 6, 7 rs.
682. C.A |   Link |  Bookmark |May 17, 2012 9:55:14 AM
Ipo/fpo investor kisi Nautanki say kam nahi hi, hastay hua paisa lutatay hi rotay chalay jatay hi.
681. C.A |   Link |  Bookmark |May 15, 2012 7:57:53 PM
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 .
680. gundu anna |   Link |  Bookmark |April 9, 2012 5:37:21 PM (500+ Posts, 100+ Likes)
MCX story is over now. Sell and look for other opportunities.
679. ahmed saeed binmahfooz |   Link |  Bookmark |March 29, 2012 1:28:04 PM
pls suggest me
678. Ravimba |   Link |  Bookmark |March 27, 2012 3:47:43 PM
Subscription as of 2 PM:
Total - 2.07 times
Retail Portion - 1.97 times
677. soumnath |   Link |  Bookmark |March 23, 2012 12:15:01 PM
Where is the talk of Rs 2000 circuit level after its opening ??? All are misguiding & making small investor fool in this forum....
676. RAJESH SHARMA |   Link |  Bookmark |March 16, 2012 9:20:35 AM
as soon as sell it. exit from it public not sell yet.
675. Shah Chintan |   Link |  Bookmark |March 14, 2012 12:30:52 PM
Sebi v/s mcx- sx

& maintaining public shareholding
675.1. AJEET P SINGH |   Link |  Bookmark |March 14, 2012 8:37:57 PM
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.
674. Big bull |   Link |  Bookmark |March 13, 2012 4:16:31 PM
673. ABHAY KUMAR |   Link |  Bookmark |March 13, 2012 2:51:14 PM
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"
672. romy jain |   Link |  Bookmark |March 13, 2012 1:15:35 PM
hold for 3 day target 1450. remember my word.
672.1. Imran Kadiwala |   Link |  Bookmark |March 13, 2012 1:24:50 PM
Ya I also think so.. Thanks for the suggestion...lets see.!! hope for the best..:)
672.2. gundu anna |   Link |  Bookmark |March 13, 2012 7:17:20 PM (500+ Posts, 100+ Likes)
Ok great, you can sell at 1450.
671. Imran Kadiwala |   Link |  Bookmark |March 13, 2012 12:42:38 PM
MCX towards new high for today @ 1295, around 5% up.. any suggestions ?? hold or sold ???
670. Dipaaak |   Link |  Bookmark |March 13, 2012 12:22:22 PM
Today i sold MCX @1287!!!
Thanks to One & All

Vip jpr,
Vishal Sharma,
gundu anna
670.2. Vishal Sharma |   Link |  Bookmark |March 13, 2012 12:41:37 PM
good job done deepak!!!
670.3. S.kumars |   Link |  Bookmark |March 13, 2012 1:53:41 PM
relifman depaaak, give stoploss of 1303 , thinking that mcx may get buying fride today!!
669. Mas |   Link |  Bookmark |March 13, 2012 10:04:57 AM (200+ Posts)
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.
669.1. Vip jpr |   Link |  Bookmark |March 13, 2012 12:16:15 PM
Seems true. Even now it's around 5% + from yesterday's closing price.
669.2. AJEET P SINGH |   Link |  Bookmark |March 14, 2012 8:32:45 PM
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.

668. gundu anna |   Link |  Bookmark |March 12, 2012 6:27:38 PM (500+ Posts, 100+ Likes)
Short term inverstors and punters must exit MCX now. MAy go below issue price soon.
667. SUNRISE |   Link |  Bookmark |March 12, 2012 5:36:18 PM
667.1. vasu devan |   Link |  Bookmark |March 12, 2012 7:36:58 PM
have recd their refund cheques today by post/courier
666. harish bhardwaj |   Link |  Bookmark |March 12, 2012 4:54:01 PM
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?
666.1. STAR IPO KING |   Link |  Bookmark |March 12, 2012 5:45:22 PM
wait and respect .share is nothing.