Thursday, 23 February 2012

Multi Commodity Exchange of India Ltd (MCX) IPO

Multi Commodity Exchange of India Ltd (MCX) issues Initial Public Offer (IPO) of 6,427,378 Equity Shares with a face value of Rs. 10 each. Multi Commodity Exchange of India Ltd (MCX) has its headquarters in Mumbai and recognized for online trading, clearing and settlement operations for commodity futures in India. The Company started operation in November, 2003 and now it has around 2150 registered members and operating through 296000 (approx.) terminals and these trading terminals spread around 1570 cities all over India.

The Multi Commodity Exchange of India Ltd (MCX) offer 6,427,378 Equity Shares with a face value of Rs. 10 each as per the following details.

Opening Date of IPO: The Multi Commodity Exchange of India Ltd (MCX) IPO opened on 22nd February, 2012.

Closing Date: The IPO will be closed one 24th February, 2012.

Issue Type: Multi Commodity Exchange of India Ltd (MCX) IPO is 100% Book Built Issue IPO with an issue price bid is between Rs. 860 to Rs. 1032 per equity shares.

Minimum Order Quantity: The minimum number of shares to be applied is 6 equity shares.

Number of Equity Shares: Total number of equity shares issue through this Multi Commodity Exchange of India Ltd (MCX) IPO is 6427378 with face value of Rs. 10 each.

IPO Listing: The IPO listing will be in Bombay Stock Exchange (BSE)

Multi Commodity Exchange of India Ltd (MCX)IPO At a glance:

Issue Open: Feb 22, 2012 - Feb 24, 2012

Issue Type: 100% Book Built Issue IPO

Issue Size: 6,427,378 Equity Shares of Rs. 10

Issue Size: Rs. 552.75 - 663.31 Crore

Face Value: Rs. 10 Per Equity Share

Issue Price: Rs. 860 - Rs. 1032 Per Equity Share

Market Lot: 6 Shares

Minimum Order Quantity: 6 Shares

Listing At: BSE

Rating of IPO: CRISIL rated the Multi Commodity Exchange of India Ltd (MCX) IPO with Grade 5 and we can expect strong fundamentals with this grade 5 rating.

Multi Commodity Exchange of India Ltd (MCX)IPO


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