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Commodities Briefing - Categorized | Commodities Exchanges, Listings/IPO/Stock Market, Market Moves more

MCX to seek SEBI nod for IPO this week

Posted on 31 March 2011

Multi Commodity Exchange (MCX) is set to file the draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) by Friday, an official of India’s largest commodity exchange has said.

The Jignesh Shah-promoted MCX is reportedly planning to get the exchange listed. This is its second attempt after the initial plan was postponed in 2008 following adverse market conditions. “In all likelihood, we will file the DRHP by March 31,” the official said………………………………………Full Article: Source


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