Ncdex Unlisted Share: Establishment And History
A professionally managed online commodity exchange, National Commodity & Derivatives Exchange Limited was incorporated on April 23, 2003, and started its operations as a public limited company on December 15, 2003. NCDEX became a recognised stock exchange under the SEBI regulations (under the Securities Contracts Regulation Act, 1956). Its function is to provide an efficient platform for price discovery and price risk management.
NCDEX is the primary commodity exchange in India and is run by a board of independent directors functioning under the rules and regulations laid by the Securities Exchange Board Of India.
Technology is the prime element that determines the functioning of an organisation. Being a renowned and well-established name in the commodity market, the organisation continues to gain significant financial growth, in turn giving its shareholders significant benefits via stock trading in financial markets.
Read more here to understand NCDEX Business Model
Ncdex unlisted share price details
Particulars | Details |
Core Business Activity | Agri commodity trading platform |
Registered Members | 848 |
Client Base | 20,00,000 |
Authorised Capital | Rs 70,00,00,000/- |
Issued & Paid-Up Capital | Rs. 50,67,60,000/- |
Minimum Investment | Rs 1,00,000 |
Lot Size | 300 shares per lot |
Who is the owner of ncdex?
The NCDEX doesn't have a single owner, it is a public limited company run by an independent board of directors. Financial Institutions like NSE, LIC and NABARD are major shareholders in NCDEX. Here is the list of shareholders:
Shareholder Name | Percentage (%) |
|---|
NSE Ltd | 15% |
LIC | 11.1% |
NABARD | 11.1% |
IFFCO | 10% |
OIJIF | 10% |
Punjab National Bank | 7.3% |
Canara Bank | 6% |
Investcorp Pte Fund-1 | 5% |
Build India Capital Advisors LLP | 5% |
All Others | 19 |
Who are the competitors of NCDEX?
NCDEX (National Commodity & Derivatives Exchange) faces competition from several exchanges, primarily the Multi-Commodity Exchange (MCX), National Spot Exchange Limited (NSEL), and Indian Commodity Exchange Limited (ICEX).
Also check: NCDEX vs MCX Comparision and Key Differences
Why Buy NCDEX Unlisted Shares?
Flourishing in the commodity market, the NCDEX is a good resort for investors and shareholders due to its predominance and creditworthiness. The company's financial indicators and profit reports are a green signal for the people who are willing to buy NCDEX Unlisted shares.
The operating revenue range of the company was INR 1 crore - 100 crore (as of March 31, 2021), and the EBITDA has also increased by 21.02 % over the previous year. Another positive outlook for the investors to buy the ncdex unlisted share is the strong pattern of shareholding. The Exchange is backed by major players like SEBI, LIC, NABARD, and others.
The financials of the company have also been quite consistent. In the fiscal year 2023-24, the company generated a revenue of Rs 136 crore and had to bear a loss of Rs 27 crore. This is much better than the previous year’s loss of Rs 43.9 crore. This shows a positive indicator for the growth of ncdex share price.
However, the thing that makes this company different from others is the fact that the company is backed by the Indian Government and organizations like SEBI, NABARD, LIC, and others.
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