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Tag: commodities futures market

Multi Commodity Exchange IPO

Davin Lewis | March 22, 2012 | 0 Comments
Multi Commodity Exchange IPO

As expected, the recent IPO floated by Multi Commodity Exchange (MCX) subscribed 54 times.  MCX offered 64.27 lakh shares and thereby raised about Rs.663 crore at higher end of the price band of Rs.860-1032/share   The promoter, Financial Tech, offered shares to cut stake from 31.18% to 26% in order to meet statutory requirement.  SBI, [...]

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