Mcx ipo

Issue Highlights

Issue period: 22nd Feb 2012- 24th Feb 2012
Issue size: Rs. 663.30 crore
Issue Type: 100% book building
Price range: Rs. 860- Rs. 1032
Face value: Rs. 10
Market Lot: 6 shares
Registrar: Karvy Computershare Pvt. Limited
Industry: Commodity Futures Industry
Maximum Retail subscription Limit: Rs. 1,98,144 (192 shares)
Listing : BSE

complete analysis report at: www . iforp.in/2012/02/multi-commodity-exchange-of-india.html

1. Do you think this is a good buy ?

2. How much quantity will make sure I get alloted ?

issue is fairly priced.

well it depends on how many times MCX's issue gets subscribed.
Higher your bid quantity, higher will be your chances of the allocation.

Did any one notice it is only getting listed on BSE ?

Seems to be a good bet for Investor .

yes due to ongoing rivalry between NSE and MCX. both parties have been tied into many litigation with each other.

It is just a sale by other investors like SBI. MCX will not get the funds from the sale. Why are they selling? Is it in view of the new tax(CST)?

MCX is a debt free company and having a robust reserve which is one-fifth of its market cap (at the upper price band of Rs. 1032).
It is done for the brand enhancement and listing gains benefits.
Listing on an exchange unfolds the value of the shares of a company.

Infosys when listed in 93-94, share appreciated multiple-hundred times (bonus & split adjusted price) as on today.

Multi Commodity Exchange of India Limited( MCX IPO )
Offer Opens on
Offer Closes on
Offer Price

22nd Feb, 2012
24h Feb, 2012
860 - 1032


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.

Objectives of Multi Commodity Exchange of India Limited (MCX) IPO
1. To sale 6,427,378 Equity Shares by the Selling Shareholders
2. To achieve the benefits of listing on the Stock Exchange

CRISIL has assigned an IPO Grade 5(Strong Fundamentals) to MCX IPO

MCX IPO subscription status as on 24/2/2012

Overall 54.13 times Issue Subscription

QIB (Qualified Institutional Investors ): 49.12 times Subscription
NII (Non Institutional Investors): 150.35 times Subscription
RII (Retail Institutional Investors): 24.14 times Subscription