Metropolitan Stock Exchange of India Limited (MSEI) is recognized by Securities and Exchange Board of India (SEBI) under Section 4 of Securities Contracts (Regulation) Act, 1956. The Exchange was notified as a “Recognized Stock Exchange” under Section 2(39) of the Companies Act, 1956 by Ministry of Corporate Affairs, Govt. of India, on December 21, 2012.
In line with global best practices and regulatory requirements, clearing and settlement of trades done on the Exchange were initially conducted through its subsidiary clearing corporation − Metropolitan Clearing Corporation of India Ltd. Post implementation of the interoperability framework from June 03, 2019, the clearing and settlement of trades can be conducted through any of the National Clearing Corporations i.e. Metropolitan Clearing Corporation (MCCIL), Indian Clearing Corporation (ICCL) and National Securities Clearing Corporation (NSCCL)
MSEI offers an electronic, transparent and hi-tech platform for trading in Capital Market, Futures & Options, Currency Derivatives and Debt Market segments. The Exchange has also received in-principle approval from SEBI for operationalizing SME trading platform. MSE commenced operations in the Currency Derivatives (CD) Segment on October 7, 2008, under the regulatory framework of SEBI and Reserve Bank of India (RBI). MSE launched Capital Market Segment, Futures and Options Segment and flagship index ‘SX40’ on February 9, 2013 and commenced trading from February 11, 2013.
MSEI has two subsidiaries i.e. Metropolitan Clearing Corporation of India Limited (“MCCIL”) and MSE Fintech Limited (formerly known as MCX-SX KYC Registration Agency Limited) (“MSE Fintech”)
CORPORATE AND BUSINESS BACKGROUND
MSEI is a full service National level Stock Exchange with license to operate in Equity, Equity Derivatives, Debt Segment and Currency Derivatives Segment. MSEI has live trading platform in all segments. MSEI has temporarily suspended trading in its debt segment from the close of business hours of September 18, 2020.
Metropolitan Clearing Corporation of India Limited (MCCIL) which is a Clearing Corporation and one of the subsidiaries of MSEI, now clears and settles trades via Interoperability Mechanism through MCCIL, Indian
Clearing Corporation Limited and NSE Clearing Limited.
The current ownership of MSEI is well diversified between corporates, banks and individuals. The Exchange (MSEI) is required to seek annual renewal of recognition from SEBI. The Exchange(MSEI) has received a renewal from SEBI, for one year.
MSEI has not undergone any change in the nature of business during the FY 2020-21.Excerpts from Annual Report FY 2020-21
Products & Services
(A) Existing Products
MSEI offers a variety of products and services across multiple asset classes in India which enables it to be responsive to the market demands. Its state of the art technology and robust network is a pioneer in technology and ensures reliability and performance of its systems. The products and services of MSEI foster digital transformation on technology, cyber security, innovation and intelligence solutions.
Given below are the products offered by MSEI across various segments to Proprietary, Retail Participants, Institutional Participants (Domestic and Foreign)
(B) Index
SX40 is flagship of MSEI, a free float based Index of 40 large cap-liquid stocks represents diversified sectors of the economy. SX40 measures the economic performance with better representation of various industries.
The Index is devised to offer cost effective support for investment and structured products such as Index Futures and Index Options, Index portfolio, Exchange Traded Funds, Index Funds etc.
SXBANK is designed to measure the performance of stocks of banking sector – the sector that funds various economic activities of the nation. The Index will have 10 stocks from the banking sector. Weights of individual stocks in the index have been capped at 15% to reduce concentration and thereby provide a cost-effective support for investment/portfolio management.
(C) Upcoming Products and Services
MSEI continues its focus on increasing its market share in existing segments and products, over a long term MSEI plans to introduce and implement a wide range of new products based on the market research and feedback from the market participants.
Excerpts from Annual Report FY 2020-21
Technology:
MSEI maintains a Disaster Recovery Site (DRS) at a different seismic zone and a Near Site near its Primary Site. As per SEBI directive and industry best practices, MSEI is committed to achieve minimal data loss (near to zero data loss) by implementing state-of-the-art DR solution.
Data is being replicated on a real-time basis from Primary Site in Mumbai to the Near Site as well as DR Site. Data synchronization between Primary Site and Near Site is synchronous & between Primary Site to DR site is asynchronous. The Recovery Time Objective (RTO) and Recovery Point Objective (RPO) of the Exchange are 45 minutes and 15 minutes respectively for all critical systems like Trading, Surveillance, Risk Management etc. Periodic mock tests and half yearly unannounced live trading from DR site for two consecutive days are done to ensure proper functioning of DR systems.
MSEI Key Shareholders
As per Annual Report FY 2020-21
Other Shareholders:
Source – Metropolitan Stock Exchange of India – MSEI Website
| Name | Metropolitan Stock Exchange Of India Limited Unlisted Shares |
|---|---|
| Alias Name | Msei |
| Face Value | ₹ 1 |
| ISIN Code | INE312K01010 |
| Available in Depository | CDSL & NSDL |
| PAN | AAFCM6942F |
| Lot Size | 10,000 Shares |
| Current Unlisted Share Price | ₹ 1.06 Per Equity Share |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Revenue from operation | 1,063 | 1,029 | 804 |
| Other Income | 2,182 | 2,672 | 2716 |
| Total Revenue | 3,245 | 3,701 | 3,520 |
| Total Expenses | 6,312 | 6,722 | 7,365 |
| Profit/(Loss) before tax | (3,067) | (3,021) | (3,845) |
| Profit/(Loss) for the year | (3,108) | (4,577) | (4,059) |
| EPS (In INR) | (0.06) | (0.10) | (0.08) |
*Rates mentioned in the chart are indicative.
The trend indicator above has been derived from the current demand/supply of MSEI Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares: 4,810,217,033 (As per annual report FY 2020-21)
Market Cap Scenarios:
At 1 Rs/Share, MSEI Unlisted Shares values the company at approx. Rs. 481 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 MSEI unlisted shares.
At 1.20 Rs/Share, MSEI Unlisted Shares values the company at approx. Rs. 577 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 MSEI unlisted shares.
At 1.30 Rs/Share, MSEI Unlisted Shares values the company at approx. Rs. 625 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 MSEI unlisted shares.
| Name | Listing Status |
|---|---|
| Bombay Stock Exchange - BSE | Listed |
| Indian Commodity Exchange - ICEX | Unlisted |
| Multi Commodity Exchange - MCX | Listed |
| National Stock Exchange - NSE | Unlisted |
Process of Buying MSEI (Metropolitan Stock Exchange of India) Unlisted Shares
Get connected with us and inquire for the MSEI (Metropolitan Stock Exchange of India) Unlisted Shares
We will quote the current prevailing market rates of the MSEI (Metropolitan Stock Exchange of India) Unlisted Shares (Subject to availability)
If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
Post receiving funds and demat details, we initiate transfer of MSEI (Metropolitan Stock Exchange of India) unlisted shares. The shares usually gets transferred on same/next working day in your demat account
For detailed buying process, refer here
The minimum lot size for investing in MSEI (Metropolitan Stock Exchange of India) Unlisted Shares is 10,000 Shares
The Lock-in period for MSEI (Metropolitan Stock Exchange of India) Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment
As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares
Yes, buying MSEI (Metropolitan Stock Exchange of India) Unlisted Shares is completely legal
You can regularly check the updated price of MSEI (Metropolitan Stock Exchange of India) Unlisted Shares at our Website and on our Telegram Channel
Currently, there are no updates about the IPO of MSEI (Metropolitan Stock Exchange of India) (Metropolitan Stock Exchange of India)
At Unlisted Arena, you can buy MSEI (Metropolitan Stock Exchange of India) Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares
You can sell MSEI (Metropolitan Stock Exchange of India) Unlisted Shares:
Before IPO: You can sell MSEI (Metropolitan Stock Exchange of India) Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.
After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares
There are two methods to transfer MSEI (Metropolitan Stock Exchange of India) Unlisted Shares
Method 1 – Offline Transfer
In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided
Method 2 – Online Transfer
One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it
Yes, MSEI (Metropolitan Stock Exchange of India) Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares
Once the process is complete, MSEI (Metropolitan Stock Exchange of India) Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.
You can also check your holdings in the following:
If you have CDSL Demat Account – CDSL Myeasi app
If you have NSDL Demat Account – NSDL Speed-E
Many investors do ask ‘How to buy MSEI (Metropolitan Stock Exchange of India) Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy MSEI (Metropolitan Stock Exchange of India) Unlisted Shares in any demat account with any broking company
When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day
Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate
Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation
Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%
You can check the historical price trend by checking MSEI (Metropolitan Stock Exchange of India) Unlisted Shares price graph here. MSEI (Metropolitan Stock Exchange of India) Unlisted Shares price chart will help you get an idea about price-action. You can also check the current trend of MSEI (Metropolitan Stock Exchange of India) Unlisted Shares here
For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of MSEI (Metropolitan Stock Exchange of India) Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share
You can easily check latest developments, news related to MSEI (Metropolitan Stock Exchange of India) Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happenings
Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here
MSEI (Metropolitan Stock Exchange of India) (Metropolitan Stock Exchange of India) is an unlisted company
Yes, NRIs can also buy and sell MSEI (Metropolitan Stock Exchange of India) Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion
At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges
One can buy MSEI (Metropolitan Stock Exchange of India) Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares
Unlisted Arena sources MSEI (Metropolitan Stock Exchange of India) Unlisted Shares from existing investors looking to liquidate their investment
Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions
Copyright 2022 @ Unlisted Arena. All rights reserved.
