MCX will be traded on stock exchanges. i am wondering whats next
Results 1 to 5 of 5
Multi-Commodity Exchange To List Shares On March 9
Multi-Commodity Exchange of India ( MCX ) that lifted up more than Rs 650 crore via an initial public offering during the previous week, today said its scrip will get listed on the Bombay Stock Exchange this Friday (March 9, 2012).
As per the company’s declaration, Multi-Commodity Exchange will turn the country's first exchange to get listed.
Multi-Commodity Exchange will be at par with other worldwide exchanges in New York, London, Paris, Berlin in the West and Singapore, Hong Kong, Tokyo and Sydney in the East that are listed businesses.
The listing ceremonial will take place at the Bombay Stock Exchange on March 9, 2012.
Multi-Commodity Exchange made a public issue of offer for sale of 6,427,378 equity shares of Rs 10 each, which comprised 12.6% of the paid-up equity share capital of Rs 50.99 crore.
The initial public offering got overwhelming reaction with issue oversubscribed 55 times.
The retail segment of the Rs 650 crore initial public offering got oversubscribed 24.14 times, whereas qualified institutional buyers and non institutional investors' sections got oversubscribed by 49.12 and 150.35 times, respectively.
MCX had determined the issue rate at Rs 1,032 per equity share with face value Rs 10.
MCX will be traded on stock exchanges. i am wondering whats next
The Multi Commodity Exchange (MCX), COMDEX is trading up by 4.14 points, or 0.11%, at 3,933.85 after opening at 3,930.19. (02.01 p.m.)
MCX is a concept stock, which will generate interest among investors.
MCX lists with 34% premium on BSE
