MSEI Exchange to raise Rs 1000 crore; venture funds, brokers, AIFs to invest

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The Metropolitan Stock Exchange will raise Rs 1,000 crores, as announced by the exchange on Tuesday.

According to the announcement, "The Board of Directors, at its meeting held on Tuesday, July 08, 2025, inter alia considered and approved the adoption of the amended Memorandum of Association (“MoA”) of the Company as per the Companies Act, 2013, to increase the authorized capital; and the issuance of up to 500 crore equity shares of face value Rs. 1/- (Rupee One only) each, at a premium of Rs. 1/- (Rupee One only) each, to various categories of investors including venture capital firms, investment firms, members, family offices, etc."

As per the exchange, the proposed allottees will include Peak XV Venture Partners Investments VII, Share India Securities Limited, Trust Investment Advisors Private Limited, Jainam Broking Limited, Marwadi Chandarana Intermediaries Brokers Pvt. Ltd., KIFS International LLP, AY Securities & Commodities Limited, KKM Enterprises Private Ltd, Monarch Networth Capital Limited, Straits Holdings Private Ltd, Butterworth Holdings Private Ltd, Evolve Capital Advisors LLP, and RM Corporate Services Private Limited.

Industry sources indicate that Peak XV Venture Partners Investments VII may invest around Rs 100 crores, while Monarch Networth is likely to invest around Rs 40 crores.

Other investors include S Gupta Family Investments Private Limited, Securicorp Securities India Private Limited, Achintya Securities Private Limited, Anisha Fincap Consultants Limited, Arham Share Private Limited, Bhaijee Broking & Investment Limited, Excel Stock Broking Private Limited, Findoc Investmart Private Ltd., Finsol Securities Private Limited, Indasset StockGro Services LLP, Mansi Share & Stock Advisors Pvt Ltd, Pharma Ventures International LLP, Raghav Investment Private Limited, YMS Finance Private Limited, Zanskar AIF, and Zaveri Enterprise Private Limited.

These entities will invest in the exchange through private placement, subject to the approval of the Company’s members at an Extraordinary General Meeting.

In its board meeting held in December last year, MSEI had approved raising Rs 238 crores. At that time, investors such as Billionbrains Garage Ventures (the promoter entity of Groww), Rainmatter Investments (of the Kamath brothers of Zerodha), Securicorp Securities India, and Share India Securities had participated.

With this fresh round of funding, the exchange is expected to strengthen its technology and systems — a key requirement for its future expansion in the equity cash and derivatives segments. The exchange plans to revive its equity derivatives segment; however, developing a strong cash market segment may be the immediate priority.