MCX IPO receives stunning response - Indian IPO Blog

Friday, February 24, 2012

MCX IPO receives stunning response

MCX IPO, which has opened for subscription from February 22, 2012, has 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 till about 8:30PM on Friday, February 24, 2012.

The Retail Category has received stunning response with atleast 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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