Wednesday, February 15, 2012

MCX IPO will open on Feb 22nd

MCX is entering in the capital markets with an initial public offering, IPO of 6,427,378 Equity Shares of Rs 10 each. The price band for the issue has not been fixed yet.

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.

The issue opens on Feb 22, 2012 and closes for subscription on Feb 24, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE). CRISIL has assigned an IPO Grade 5 to MCX IPO. This means as per CRISIL, company has "Strong Fundamentals".

Visit MCX IPO page for Multi Commodity Exchange IPO Detail, MCX IPO GMP, MCX IPO Premium and MCX IPO Reviews.