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.
| Issue Open | Feb 22, 2012 - Feb 24, 2012 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 6,427,378 Eq Shares of ₹10 (aggregating up to ₹663.31 Cr) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹860 to ₹1032 Per Equity Share |
| Market Lot | 6 Shares |
| Min Order Quantity | 6 Shares |
| Listing At | BSE |
| 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
Check IPO Ratings from other stock analysts.
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 |
| Listing Date | Friday, March 9, 2012 |
| BSE Script Code | 534091 |
| NSE Symbol | MCX |
| Listing In | B |
| ISIN | INE745G01035 |
| Issue Price | ₹1032 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
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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
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/
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 price of the IPO is ₹860 to ₹1032 Per Equity Share. The minimum order quantity is 6 Shares per application and the offer type is Book Built Issue.
The IPO opens on Feb 22, 2012 and closes on Feb 24, 2012.
Karvy Computershare 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 application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
MCX IPO lot size is 6 Shares and the minimum order quantity is 6 Shares.
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