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MCX IPO Allotment Status

MCX IPO Allotment Status is expected to be declared and would be available online very soon. The IPO had closed for subscription on Friday, February 24, 2012.

MCX IPO, which has opened for subscription from February 22, 2012, had received an excellent response with the IPO getting subscribed 54.10 times on an overall basis as per data gathered from the websites of NSE and BSE.

The Retail Category received stunning response with 24 times oversubscription, while the HNI category is oversubscribed by a jaw-breaking 150 times. More crucial is the QIB subscription figure which is roughly close to 49 times.

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. Indian IPO Blog Insights had recommended applying to the IPO in full force considering the fundamentals of the company as well as past performance

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