Draft Red Herring Prospectus for MCX IPO approved by SEBI - Indian IPO Blog

Monday, September 12, 2011

Draft Red Herring Prospectus for MCX IPO approved by SEBI

The Securities and Exchange Board of India (SEBI) has approved the Draft Red Herring Prospectus (DRHP) of Multi Commodity Exchange (MCX). MCX filed its Draft Red Herring
Prospectus(DRHP) for an initial public offer (IPO) with SEBI of 6,427,378 equity shares of Rs 10 each.

MCX is the sixth largest commodity exchange in the world with No 1 in silver and No 2 ranking in gold. It would be the first exchange in India to go public and get India at par with other countries with listed exchanges such as US, HK, UK, Singapore, Japan and Australia.

Stay tuned for the latest updates on MCX IPO!

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