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Wednesday, February 22, 2012

Multi Commodity Exchange of India Ltd (MCX), an electronic commodity futures exchange, is coming up with an IPO of 6,427,378 Equity Shares of Rs.10/- each. The shares would be offered in a price band of Rs.860/- to Rs.1,032/- per equity share

The IPO opens for subscription from tomorrow, February 22, 2012 and would close for subscription on February 24, 2012

CRISIL has assigned an IPO Grade 5 to MCX IPO. This means as per CRISIL, the company has 'Strong Fundamentals'. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Multi Commodity Exchange of India Ltd (MCX) is India based electronic commodity futures exchange. MCX provides online trading facility along with clearing and settlement operations for commodity futures across India

Click here to view detailed insight on MCX IPO
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