MCX to list shares on March 9

Multi Commodity Exchange of India (MCX), world's fifth largest commodity exchange, is set to list its equity shares on Friday, March 9, 2012.

March 06, 2012 / 14:15 IST

26 Aug, 2025 12:21

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Multi Commodity Exchange of India (MCX), world's fifth largest commodity exchange, is set to list its equity shares on Friday, March 9, 2012.

The company raised Rs 663.31 crore via issue of 64.27 lakh equity shares at upper end of price band of Rs 860-1032 a share.

The issue, which received overwhelming response and got subscribed 54 times, was opened for subscription during February 22-24.

It was an offer for sale, so selling shareholders will get entire funds. Promoter Financial Technologies holds 26% stake in the company post issue, which was earlier holding 31.18% stake.

Other selling shareholders include State Bank of India, GLG Financials Fund, Alexandra Mauritius Limited, Corporation Bank, ICICI Lombard General Insurance Company Limited and Bank of Baroda.

first published: Mar 6, 2012 02:04 pm

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