Indian Commodity Exchange Limited (ICEX) Unlisted Shares

Buy ICEX Unlisted Shares | Indian Commodity Exchange Unlisted Shares

 About Company:

Indian Commodity Exchange Limited (ICEX) is SEBI regulated online Commodity Derivative Exchange. Headquartered at Mumbai, the Exchange provide nationwide trading platform through its appointed brokers.

Indian Commodity Exchange (ICEX) launched world’s first ever Diamond derivative contracts. Indian Commodity Exchange (ICEX) aims to provide futures trading products in India’s all economically relevant commodity. At present it offers futures contract in Diamond. Providing desired price risk hedging solution to the trade through innovative contract designing forms core value of Indian Commodity Exchange (ICEX).

According to the company, Indian Commodity Exchange (ICEX) is ideally positioned to leverage the huge potential of commodities market and encourage participation of actual users to benefit from the opportunities of hedging, risk management and supply chain management in the commodities markets.

Indian Commodity Exchange (ICEX) is the first Exchange in India to adopt global hi-tech platform that ensures automatic and seamless switch-over from its Data Center (DC) to the Disaster Recovery (DR) site with zero data loss in case of exigencies. The technology platform has highly optimized processing techniques, which enables the system to handle very large orders with latencies under 300 microseconds.

Key Shareholders:

MMTC Ltd

Central Warehousing Corporation

Indian Potash Ltd

KRIBHCO

Punjab National Bank

IDFC Bank Ltd

Gujarat Agro Industries Corporation

Reliance Exchangenext Ltd

Bajaj Holdings & Investment Ltd

Gujarat State Agricultural Marketing Board

NAFED

Indiabulls Housing Finance Ltd.

icex unlisted shares

Key Developments Pertaining to ICEX Operations

According to media reports in the beginning of year,2022 – Indian Commodity Exchange | ICEX will shut down its commodity operations and they had applied market observer SEBI as Indian Commodity Exchange does not have the requisite funds to meet the regulatory criteria. SEBI is likely to keep Indian Commodity Exchange plea in abeyance for a year as per the rules.

SAT quashes Sebi order derecognising ICEX

In a 14-page ruling, SAT stated that the trade become now no longer accused of any unlawful pastime along with defrauding buyers or misusing its popularity as a inventory trade for vested gains.

SAT has given ICEX twelve months to convey withinside the required price range and meet Sebi norms. However, till the net worth standards are met, ICEX has been requested to maintain its buying and selling operations closed. ICEX had voluntarily closed its buying and selling operations in March 2022 and presently is handiest supplying mutual fund-associated products.

Read More at – The Economic Times Article

 Indian Commodity Exchange Limited – ICEX Unlisted Shares Details

NameIndian Commodity Exchange Limited (ICEX) Unlisted Shares
Face ValueRs.5
ISIN CodeINE678L01012
PANAABCI9479D

 Indian Commodity Exchange Limited – ICEX Financials

Financial in thousand unless specifically mentioned
ParticularsFY 2018-19FY 2019-20FY 2020-21
Revenue from operations18,987.1332,278.5914,227.79
Other Income1,04,668.0648,433.1524,252.52
Total Income1,23,655.1980,711.7438,480.31
Total Expenses4,09,322.285,03.938.26295,138.76
Profit/(Loss) before tax(2,85,667.09)(4,23,226.52)(256,658.45)
Profit/(Loss) for the year(2,85,667.09)(4,23,226.52)(256,658.45)
EPS (In INR)(0.54)(0.79)(0.48)

 ICEX Unlisted Shares Price

*Rates mentioned in the chart are indicative.

 ICEX Unlisted Shares Valuation (Market Capitalisation)

Total Number of Outstanding Shares: 533,507,476 (As per Annual Report FY 2020-21)

Market Cap Scenarios:

At 4 Rs/Share, ICEX Unlisted Shares values the company at approx. Rs. 213 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICEX unlisted shares.

At 6 Rs/Share, ICEX Unlisted Shares values the company at approx. Rs. 320 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICEX unlisted shares.

At 8 Rs/Share, ICEX Unlisted Shares values the company at approx. Rs. 427 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ICEX unlisted shares.

 ICEX Shareholding

Source: Annual Report FY 2020-21

icex unlisted sharesSource – Annual Report FY 2020-21

 Indian Commodity Exchange Limited – ICEX Annual Reports

 Indian Commodity Exchange Limited – ICEX News

 FAQ for Indian Commodity Exchange Limited – ICEX Unlisted Shares

How to buy ICEX Unlisted Shares?

Process of Buying ICEX Unlisted Shares

  1. Get connected with us and inquire for ICEX Unlisted Shares
  2. We will quote the current prevailing market rates of the shares (Subject to availability)
  3. If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
  4. Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
  5. Post receiving funds and demat details, we initiate transfer of ICEX Unlisted Shares. The shares usually gets transferred on same/next working day in your demat account
  6. For detailed buying process, refer here

What is the minimum lot size for ICEX Unlisted Shares?

The minimum lot size for investing in ICEX Unlisted Shares is 2000 Shares

What is the lock-in period for ICEX Unlisted Shares?

The Lock-in period for ICEX Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment. (According to SEBI Regulations)

Is buying of ICEX Unlisted Shares Legal?

Yes, buying ICEX Unlisted Shares/Pre-IPO Shares is completely legal.

How to check price of ICEX Unlisted Shares?

You can regularly check the updated price of ICEX Unlisted Shares at our Website and on our Telegram Channel

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound