The MCX IPO is a book-built offering worth Rs 663.31 crore. Bidding for the MCX IPO began on February 22, 2012 and finished on February 24, 2012. On March 9, 2012, the shares were listed on the BSE. The pricing range for the MCX IPO is $860 to $1032 per share. An application requires a minimum lot size of 6 shares. Retail investors must make a minimum investment of $6,192.
Multi Commodity Exchange of India Ltd. (MCX) is an electronic commodity futures exchange based in India that was founded in 2003. MCX offers online trading as well as clearing and settlement services for commodities futures in India. In India, there are five officially recognized electronic multi-commodity national exchanges: MCX, NCDEX, NMCE, ICEX, and ACE. The turnover of commodity futures contracts traded in India was 99.5%, accounted for by these five national multi-commodity exchanges. MCX is the largest of these, accounting for more
than 80% of the Indian commodity futures exchange business. More than 50 commodities are traded on the MCX, including bullion, metals, energy, weather, and agricultural products. In terms of the number of futures contracts traded, the Exchange is the world’s largest exchange for silver futures, the second largest for gold, copper, and natural gas futures, and the third largest for crude oil futures.
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 Size | 6,427,378 shares (aggregating up to ₹663.31 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE |
MCX IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6 | ₹6,192 |
| Retail (Max) | 32 | 192 | ₹198,144 |
MCX IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,162,083 (39.31%) | NA |
| NII (HNI) Shares Offered | 926,607 (16.85%) | |
| Retail Shares Offered | 2,162,082 (39.31%) | 360,347 |
| Employee Shares Offered | 250,000 (4.54%) | NA |
| Total Shares Offered | 5,500,772 (100%) |
MCX Company Financials
| Particulars | 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 |
Objects of the Issue (MCX IPO Objectives)
The objects of the offer are:
- To sale 6,427,378 Equity Shares by the Selling shareholders
- To achieve the benefits of listing on the stock Exchange.
MCX IPO Listing Details
| Listing Date | March 9, 2012 |
| BSE Script Code | 534091 |
| NSE Symbol | MCX |
| ISIN | INE745G01035 |
| Final Issue Price | ₹1032 per share |
MCX Listing Day Trading Information
| rice Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹1,032.00 | ₹1,032.00 |
| Open | ₹1,387.00 | ₹1,408.00 |
| Low | ₹1,282.10 | ₹1,282.20 |
| High | ₹1,426.00 | ₹1,428.55 |
| Last Trade | ₹1,297.05 | ₹1,296.70 |
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
Email: [email protected]
Website: http://www.mcxindia.com
MCX IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
MCX IPO FAQs
Q1. What is MCX IPO?
Ans. 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.
Q2. When MCX IPO will open?
Ans. The MCX IPO opens on February 22, 2012 and closes on February 24, 2012.
Q3. What is the lot size of MCX IPO?
Ans. MCX IPO lot size is 6 Shares, and the minimum amount required is ₹6,192.
Q4. When is MCX IPO listing date?
Ans. The MCX IPO listing date is on March 9, 2012.
